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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
U.S. consumer sentiment drops to six-month low in May
*
News Corp beats quarterly profit estimates
*
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