Economic news

Review: US stocks retreat from record levels

On Thursday, US stocks retreated from record highs, recording the biggest loss in a single day since 30 January, as the financial figures yielded to profit-taking after recent huge rise and reports that federal agents have raided three Caterpillar Inc. objects within the framework of a criminal investigation of tax violations.

The Dow Jones fell by 0.53% to 21.002.97 points, Nasdaq Composite dropped 0.73% to 5.861.22 points, S&P 500 dipped 0.59% to 2.381.92 points.

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