Broader US indices close lower for the first time after three days of gains ...Middle East

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Broader US indices close lower for the first time after three days of gains
The major US stock indices closed lower across the board today. The day got off to a negative start after Meta Platforms reported higher expenses and slightly lower revenues going forward after the close yesterday. Declines were accelerated after stronger-than-expected inflation in the US GDP report. Although prices closed lower, the major indices did pare their losses into the close. Nevertheless the three-day win streak in the broader indices was snapped today:A snapshot of the closing levels shows:Dow industrial average fell -375.14 points or -0.98% at 38085.79. At session low's, the index was down -706.55 points.S&P index fell -23.21 points or -0.46% at 5048.41NASDAQ index fell -100.99

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