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19 Feb 2014
Wall Street closes at lows of session amid taper fears
FXStreet (San Francisco) - US stocks market closed lower in a volatile session on Wednesday as investors reacted with doubts following a hawkish FOMC minutes.
The minutes showed that the Fed has a consensus that the taper should continue in the next meetings. The Nasdaq closed down for first time in 9 sessions.
The Dow Jones declined 89.84 points or 0.56% to finish the session at 16,040.56; The S&P 500 eased 12.01 pts or 0.65% to end the day at 1,828.75; the Nasdaq Composite lost 34.83 pts or 0.82% to 4,237.95.
The minutes showed that the Fed has a consensus that the taper should continue in the next meetings. The Nasdaq closed down for first time in 9 sessions.
The Dow Jones declined 89.84 points or 0.56% to finish the session at 16,040.56; The S&P 500 eased 12.01 pts or 0.65% to end the day at 1,828.75; the Nasdaq Composite lost 34.83 pts or 0.82% to 4,237.95.