US stocks retreat on terrorism fears
Wall Street retreated Thursday as a wave of terror attacks continued in Turkey with the bombings of HSBC bank and the British consulate. Upbeat reports on employment and the economy helped limit the market’s losses.
The Dow Jones industrial average fell in early trading and then rose as much as 35 before pulling back again late in the day. Analysts said indecisive investors weren’t willing to make major commitments given the renewed political uncertainty, but also given the improving health of the U.S. economy.