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Comment (US shares finished mixed overnight as the market reacted to lacklustre economic data along with upwardly revised forecasts from chipmaking giant Intel Corp and computer maker Dell.
The blue-chip Dow Jones Industrial Average fell 36.43 points (0.38 per cent) to 9544.20, ending an eight-day winning streak.
The tech-heavy Nasdaq composite climbed 1.04 points (0.05 per cent) to 2028.77 while the Standard & Poor's 500 index, a broad measure of the market, shed 2.05 points (0.20 per cent) to 1028.93.
The three stock indices opened on a positive note but failed to sustain the rally.
Before the opening bell, the US Commerce Department reported that consumer spending rose for the third consecutive month in July while incomes were virtually flat.
Market participants were largely unmoved.
Consumer spending - which drives two-thirds of US economic activity - rose 0.2 per cent in July, in line with the average analyst forecast w...
