Friday 28 June 2013

INQUIRER.net: US stocks fall in quiet end to a bumpy month

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INQUIRER.net
Philippine News for Filipinos
US stocks fall in quiet end to a bumpy month
Jun 29th 2013, 00:37

NEW YORK — After flitting between tiny gains and losses most of Friday, the U.S. stock market closed mostly lower, a peaceful end to the most volatile month in nearly two years.   "It's a dull Friday," said Gary Flam, a stock manager at Bel Air Investment Advisors. A bull market, he added, is "rarely a straight march up."   The Standard & Poor's 500 index ended its bumpy ride in June down 1.5 percent, the first monthly loss since October. The index still had its best first half of a year since 1998.   Investors seemed unsure how to react to recent statements by Federal Reserve officials about when the central bank might end its support for the e...

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