Wall Street extends losses; Nasdaq off 1 percent
NEW YORK (Reuters) - U.S. stocks extended losses on Wednesday following minutes from the U.S. Federal Reserve that suggested the central bank may have to slow or stop buying assets before seeing a pickup in hiring.
The Dow Jones industrial average was down 68.54 points, or 0.49 percent, at 13,967.13. The Standard & Poor's 500 Index was down 13.14 points, or 0.86 percent, at 1,517.80. The Nasdaq Composite Index was down 33.43 points, or 1.04 percent, at 3,180.16.
(Reporting by Angela Moon; Editing by Jan Paschal)
- Tweet this
- Share this
- Digg this
- Iran hangs woman convicted of killing alleged rapist
- Google's Pichai to oversee major products and services
- UPDATE 1-UK's Labour suffers setback as leader in Scotland quits
- India picks Israel's Spike anti-tank missile over U.S. Javelin - source
- Modi takes tea, but no questions, in first press event as PM
Euro zone risks "relapse into recession" without structural reforms - Draghi. Full Article
Kalki Koechlin on her role as a disabled girl in “Margarita, With a Straw” Full Article