The main indices of Wall Street closed lower on Wednesday, due to mixed financial results by big banks, and worries about the second wave of the Coronavirus (COVID-19) pandemic.<\/p>\n\n\n\n
In addition, hopes for a new stimulus package were subdued after remarks by the US Treasury Secretary suggested that a new deal is unlikely before the elections on November 3.<\/p>\n\n\n\n
Meanwhile, a recent report by the International Energy Agency (IEA) expressed concerns about the recovery of global demand amid a second wave of the pandemic.<\/p>\n\n\n\n
The Dow Jones Industrial Average lost around 166 points, or 0.58%, to close at 28,514 points.<\/p>\n\n\n\n
The S&P 500 index fell by 23.26 points, or 0.66%, and settled at 3,488.67 points.<\/p>\n\n\n\n
Meanwhile, the Nasdaq Composite declined by 95.17 points, or 0.80%, and finished at 11,768.73 points.<\/p>\n","protected":false},"excerpt":{"rendered":"
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