INQUIRER.net: US stocks fall as Fed’s tapering timeline stays unclear

INQUIRER.net Philippine News for Filipinos

Madesmith Modern handmade. New designers every week. From our sponsors

US stocks fall as Fed's tapering timeline stays unclear Aug 21st 2013, 22:53 NEW YORK CITY—US stocks finished a choppy day lower Wednesday after minutes from the Federal Reserve's last policy meeting gave no more clarity on the central bank's plans for its stimulus program.   The Dow Jones Industrial Average fell 105.44 (0.70 percent) to 14,897.55.   The broad-based S&P 500 dropped 9.55 (0.58 percent) to 1,642.80, while the Nasdaq Composite Index gave up 13.80 (0.38 percent) at 3,599.79.   Minutes of the July 30-31 meeting of the Federal Open Market Committee showed the Fed continued to debate the timing of pulling back its $85 billion per month in bond-buying purchases.   Art Hogan, head of product strategy a... Keep on reading: US stocks fall as Fed’s tapering timeline stays unclear Media files: Wall-Street-8-21-13.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