NEW YORK – Wall Street stocks finished decisively lower April 2 as expectations for a delayed pivot on US monetary policy added to selling pressure at the start of the second quarter.

After major indices posted impressive gains in the first quarter, stocks are poised for “normal consolidation activity after stellar start to the year for many stocks,” said Briefing.com.

The Dow Jones Industrial Average finished down 1.0 per cent at 39,170.24.

https://www.straitstimes.com/business/companies-markets/us-stocks-drop-as-markets-eyes-later-fed-pivot-on-rates