US close: Dow falls for third straight day as investors await PCE data
The Dow finished 0.9% lower at 38,111.48, having now fallen 2.5% in the past three days. The index is now 4.7% lower than its latest record closing high of 40,003.59 reached on 17 May. Meanwhile, the S&P 500 declined 0.6% to 5,235.48 while the Nasdaq …