Disappointing US Home Sales Weighed on Sentiment

Wall Street slipped as US new home sales surprisingly fell to almost a 1-year low. Losses were contained as investors awaited the FOMC meeting later in the week. DJIA ended the day -0.13% lower while S&P 500 dropped -0.19%. US dollar retreated from a 2.5-month low on disappointing US data.

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Disappointing US Home Sales Weighed on Sentiment