US stocks end slightly lower with Fed in focus

Published: June 15, 2019 10:14:25 | Updated: June 17, 2019 11:58:42

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US stocks ended lower on Friday, with investors cautious going into next week’s Federal Reserve meeting.

Shares of chipmakers sank on a warning from sector major Broadcom of a broad weakening in global demand, according to Reuters report.

The Dow Jones Industrial Average fell 17.16 points, or 0.07 per cent, to 26,089.61, the S&P 500 lost 4.65 points, or 0.16 per cent, to 2,886.99.

The Nasdaq Composite dropped 40.47 points, or 0.52 per cent, to 7,796.66.

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