INQUIRER.net: US stocks drop on Fed taper talk

INQUIRER.net Philippine News for Filipinos

US stocks drop on Fed taper talk Aug 6th 2013, 01:17 NEW YORK CITY—US stocks ended mostly lower Monday on fairly quiet trading during which some investors fretted about the possible pullback of the Federal Reserve's aggressive bond-buying program.   The Dow Jones Industrial Average was down 46.23 (0.30 percent) at 15,612.13.   The broad-based S&P 500 dropped 2.53 (0.15 percent) to 1,707.14, while the tech-rich Nasdaq Composite Index added 3.36 (0.09 percent) at 3,692.95.   The US growth outlook appeared firmer as the Institute for Supply Management's July purchasing managers index for the services sector showed a healthy jump in activity.   That raised some concerns that the Federal Res... Keep on reading: US stocks drop on Fed taper talk Media files: Wall-Street-8-5-13.jpg (image/jpeg)

You are receiving this email because you subscribed to this feed at blogtrottr.com. If you no longer wish to receive these emails, you can unsubscribe from this feed, or manage all your subscriptions