Wall Street: Wall Street falters as consumer pessimism fuels growth fears

[ad_1] NEW YORK, June 28 (Reuters) – wall Street Tuesday closed sharply lower in a broader sell-off as consumer confidence data dampened investor optimism and fueled concerns over a recession and rising earnings season. S&P and Nasdaq Apple Inc, Microsoft Corp and Amazon.com lost their weight by about 2% and 3%, respectively. The blue-chip Dow dropped nearly 1.6%. “The market was fine to date until consumer confidence numbers came out,” said Peter Tuz, president of the Chase Investment Council in Charlottesville, Virginia. “It was weak and the markets immediately started…