Dow Jones: Stocks Move Off Earlier Lows On Hong Kong Unrest
ICM Brokers | Sep 30, 2014 02:40AM ET
Dow Jones
U.S. stocks came off earlier lows on Monday after expectations that data due for release later this week will be positive offset bearish pressures from Hong Kong unrest and a soft housing report. U.S. stocks move off earlier lows on Hong Kong unrest; Dow falls 0.25% Hong Kong unrest pushes stock prices lower, though shares move off earlier lows. At the close of U.S. trading, the Dow 30 fell 0.25%. Pro-democracy protestors in Hong Kong are angry at China's move to vet all candidates running in the city's elections for chief executive in 2017. Elsewhere, the National Association of Realtors reported earlier that its pending home sales index fell 1.0% to 104.7 in August from 105.8 in July. Economists had expected the index to tick down 0.1% last month. Separately, the Commerce Department said that U.S. personal spending rose 0.5% in August, beating expectations for an increase of 0.4%, after a 0.1% dip in July.
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