The Leading Index declined 0.3% in March, more than the 0.2% decrease that economists expected, and February's decline was revised from -0.4% to -0.2%. The largest negative contributors were building permits, stock prices, and supplier deliveries. More from Bloomberg...
The Dow Jones Industrial Average fell 290 points (3.6%) to close at 7,842, the S&P 500 Index lost 37 points (4.3%) to 832, and the Nasdaq Composite declined 65 points (3.9%) to 1,608. Crude oil fell $4.45 to $45.88 per barrel, and gold rose $16.15 to $884.95 per ounce.
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