(Reuters) – Wall Street’s main indexes pared gains on Monday after data showed U.S. construction spending unexpectedly fell in December, further evidence that the economy lost momentum at the tail end of 2018.
The Commerce Department said construction spending declined 0.6 percent after an unrevised 0.8 percent increase in November.
At 10:10 a.m. ET the was unchanged at 0.00, the was up 7.61 points, or 0.27 percent, at 2,811.30 and the was up 28.80 points, or 0.38 percent, at 7,624.16.
Fusion Media or anyone involved with Fusion Media will not accept any liability for loss or damage as a result of reliance on the information including data, quotes, charts and buy/sell signals contained within this website. Please be fully informed regarding the risks and costs associated with trading the financial markets, it is one of the riskiest investment forms possible.