New York stock market falls due to mixed U.S. bank performance and weak semiconductor industry

(New York = Yonhap News) Correspondent Kim Yeon-sook = On the 13th (local time), the three major indices of the New York stock market fell simultaneously.

On this day, the New York stock market fell amid mixed reactions to the third quarter performance of large U.S. banks and the aftermath of the weak memory semiconductor market in Asian stock markets. However, the decline was reduced as comments from Federal Reserve officials showing a cautious stance on raising the base interest rate were conveyed during the day.

On this day, the Dow Jones Industrial Average ended trading at 51,670.10, down 180.45 points (0.35%) from the previous day.

The S&P 500 index closed at 7,805.45, down 1.79 points (0.02%) from the previous day, and the Nasdaq composite index closed at 27,204.38, down 41.52 points (0.15%).