Global Markets : Retail and Banking Stocks Face Decline - Pressure on Dow and S&P 500
Zee Business Video Team | Updated: August 23, 2023 10:54 AM IST
The US market closed with weakness. Dow fell 175 points, Nasdaq closed up 8 points, and Dow and S&P 500 were under pressure as retail and banking stocks decline. S&P Global downgrades many banks due to tough operating conditions and changes in outlook.