INQUIRER.net: US stocks sink amid central bank anxiety

INQUIRER.net Philippine News for Filipinos

US stocks sink amid central bank anxiety Jun 12th 2013, 00:20 NEW YORK—US stocks ended the day solidly lower Tuesday after the Bank of Japan's status-quo policy decision revived concerns about the winding down of central bank stimulus measures.   The Dow Jones Industrial Average fell 116.57 (0.76 percent) to 15,122.02.   The broad-based S&P 500 dropped 16.68 (1.02 percent) to 1,626.13, while the tech-rich Nasdaq Composite Index sank 36.82 (1.06 percent) to 3,436.95.   The losses came after the Bank of Japan opted to maintain its aggressive asset-purchase program unchanged, saying the world's third-largest economy was "picking up."   "The expectation was that Japan would keep increasing it," said... Keep on reading: US stocks sink amid central bank anxiety Media files: Wall-Street4-1024x741.jpg (image/jpeg)

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