cast doubt: What are major indexes doing The Dow Jones Industrial Average DJIA, 0.09% closed down 22.28 points or 0.1%, at 27,002.52, while the S&P 500 SPX, 0.28% lost 5.99 points, or 0.2%, to finish at 2,989.69, according to Market Watch. The Nasdaq COMP, 0.40% ended with a loss of 24.52 points, or 0.3%, at 8,124.18. An angry response from China to legislation passed by the U.S. House of Representatives in support of Hong Kong pro-democracy protesters also cast doubt on prospects for the future of the trade deal between the two countries announced last Friday. On Tuesday, the Dow rose 237.44 points, or 0.9%, to end at 27,024.80, while the S&P 500 advanced 29.53 points, or 1%, to close at 2,995.68, leaving it 1% away from its all-time closing high of 3,025.86 set on July 26. Net, net, consumers stayed home in September and didn't spend a dime at the shops and malls across the country as it looks like the China-U.S. trade war has claimed another victim, MUFG chief economist Chris Rupkey said. The Nasdaq Composite finished at 8,148.71 after gaining 100.06 points, or 1.2%. What's driving the market U.S. retail sales unexpectedly fell 0.3% in September, raising concerns that the slowdown in business spending evident in the manufacturing sector, resulting from President Donald Trump's international trade policies, may be spilling over into consumer spending.
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