Wall Street edges lower after Fed minutes
NEW YORK (Reuters) – Stocks fell in afternoon trade on Thursday after minutes from the Federal Open Market Committee showed rising concern about the risks of the Fed’s policy of buying bonds to stimulate growth. The Dow Jones industrial average dipped 16. 78 points, or 0. 13 percent, to 13,395. 77. The S&P 500 fell 1. 64 points, or 0. 11 percent, to 1,460. 78. The Nasdaq Composite lost 3. 29 points, or 0. 11 percent, to 3,108. 97. (Reporting by Rodrigo Campos; Editing by Kenneth Barry)
View full post on Business News Headlines – Yahoo! News
Leave a Reply