Global Markets : Retail and Banking Stocks Face Decline - Pressure on Dow and S&P 500

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.

Updated on: August 23, 2023, 10.54 AM IST
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