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22 May 2013
Wall Street closes lower on QE tapering concerns
FXstreet.com (San Francisco) - The US stocks market closed negative on Wednesday as investors were concerned on Fed tapering QE. Bernanke's speech and FOMC minutes leave the sensation that the board is divided about what to do on bond buying. Wall Street finished the day into solid losses after retracing from fresh all time highs.
The Dow Jones declined 80.41 points or 0.52% to end the day at 15,307.17. The S&P 500 eased 13.81 points or 0.83% 1,655.35. And the Nasdaq Composite fell 38.82 points or 1.11% to 3,463.30.
The Dow Jones declined 80.41 points or 0.52% to end the day at 15,307.17. The S&P 500 eased 13.81 points or 0.83% 1,655.35. And the Nasdaq Composite fell 38.82 points or 1.11% to 3,463.30.