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* July PCE data in line with expectations ...

By Shristi Achar A and Noel Randewich

Microsoft: An equal-weighted version of an index assigns uniform weight to each constituent regardless of its size, unlike market capitalization-based indexes where bigger companies tend to have an outsized influence.

Equal-weighted exchange-traded funds have attracted record investments in recent months as signs of an improving U.S. economy and towering valuations of megacaps push investors to look for bargains...

Signs of an improving U.S. economy and towering valuations of megacaps have prompted a search for bargains

(This Aug. 29 story has been refiled to correct a grammatical error in paragraph 4) By Sruthi Shankar and Medha Singh (Reuters) - Equal-weighted ...

By Sruthi Shankar and Medha Singh (Reuters) - Equal-weighted exchange-traded funds (ETFs) have attracted record investments in recent months as signs ...

The Dow Jones Industrial Average (.DJI) fell 373.56 points, or 1.08 per cent, to 34,099.42, the S&P 500 (.SPX) lost 59.7 points, or 1.35 per cent, to 4,376.31 and the Nasdaq Composite (.IXIC) dropped 257.06 points, or 1.87 per cent, to 13,463.97. Get more Global Markets News and Business News on Zee Business.

Shares of Nvidia ended barely higher after they hit a record high early in the session. The company late Wednesday gave a much stronger-than-expected forecast amid demand for its artificial intelligence chips and said it would buy back $25 billion in stock.

By Caroline Valetkevitch NEW YORK (Reuters) - The three major U.S. stock indexes ended down more than 1% each on Thursday, led by a drop in the Nasdaq