U.S. blue chips end lower as data spurs rate fears

Newswire

(Updates to 4 p.m.) NEW YORK, Nov 30 (Reuters) - U.S. blue chips fell on Wednesday as reports showing a strong economy sparked worry the Federal Reserve would continue hiking interest rates, hurting shares sensitive to borrowing costs, like American Express Co. Based on the latest available data, the Dow Jones industrial average was down 82.13 points, or 0.75 percent, at 10,806.03 and the Standard & Poor's 500 Index was down 7.86 points, or 0.63 percent, at 1,249.62. The Nasdaq ...

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