Wall Street weighed down by weak data as trade rally fades

FAN Editor
Traders work on the floor of the NYSE in New York
FILE PHOTO: Traders work on the floor of the New York Stock Exchange (NYSE) in New York, U.S., February 27, 2019. REUTERS/Brendan McDermid

March 4, 2019

NEW YORK (Reuters) – Wall Street’s major indexes fell on Monday, weighed down by a weak U.S. construction spending report and declines in healthcare shares, as an initial rally on optimism over a U.S.-China trade deal faded.

The Dow Jones Industrial Average fell 204.91 points, or 0.79 percent, to 25,821.41, the S&P 500 lost 10.75 points, or 0.38 percent, to 2,792.94 and the Nasdaq Composite dropped 17.79 points, or 0.23 percent, to 7,577.57.

(Reporting by Lewis Krauskopf; Editing by Susan Thomas)

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