© Reuters. Traders work on the floor of the NYSE in New York

(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.

Disclaimer: Fusion Media would like to remind you that the data contained in this website is not necessarily real-time nor accurate. All CFDs (stocks, indexes, futures) and Forex prices are not provided by exchanges but rather by market makers, and so prices may not be accurate and may differ from the actual market price, meaning prices are indicative and not appropriate for trading purposes. Therefore Fusion Media doesn`t bear any responsibility for any trading losses you might incur as a result of using this data.

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.

Source link

2019-03-04