NWS News: US STOCKS-Wall St subdued as consumer sentiment takes hit from rate hikes - 13th May 2023, 12:50am

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U.S. consumer sentiment drops to six-month low in May

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News Corp beats quarterly profit estimates

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Indexes: Dow up 0.10%, S&P flat, Nasdaq down 0.19%

(Updates prices to open, adds details on Tesla, News Corp, consumer sentiment data, weekly index milestones)

By Shreyashi Sanyal and Shristi Achar A

May 12 (Reuters) - Wall Street's main indexes struggled to gain on Friday as U.S. consumer sentiment slumped to a six-month low, indicating the rapid interest rate hikes were starting to hu...

>>> Read more: US STOCKS-Wall St subdued as consumer sentiment takes hit from rate hikes
 
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