INQUIRER.net: US stocks tumble in volatile trade

INQUIRER.net Philippine News for Filipinos

US stocks tumble in volatile trade Jun 12th 2013, 22:57 NEW YORK—US stocks fell sharply in highly volatile trade Wednesday, with the Dow posting its first three-day losing streak this year amid worries about central banks' stimulus plans.   The Dow Jones Industrial Average shed 126.79 (0.84 percent) at 14,995.23.   The broad-based S&P 500 slid 13.61 (0.84 percent) to 1,612.52, while the tech-rich Nasdaq Composite Index lost 36.52 (1.06 percent) at 3,400.43.   Wall Street stocks attempted to rally from Tuesday's sell-off in opening trade but quickly lost steam.   "Volatility is persisting, especially in the currency and bond markets, due to uncertainty regarding the continuation of global c... Keep on reading: US stocks tumble in volatile trade Media files: wall-street-june-10-2013.jpg (image/jpeg)

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