U.S. stocks fall on taper comments Goldman analys
Post# of 102241
Posted On: 01/13/2014 7:18:29 PM
U.S. stocks fall on taper comments
Goldman analyst says S&P’s valuation is ‘lofty by almost any measure’
NEW YORK (MarketWatch) — U.S. stocks moved decisively lower by mid-afternoon on Monday after Atlanta Federal Reserve president Dennis Lockhart said he supported “similar tapering steps” in spite of disappointing jobs figures.
The Dow Jones Industrial Average (DJI
JIA) dropped 109.7 points, or 0.7% to 16,328.45. The S&P 500 index (SNC:SPX) fell 12.9 points, or 0.7% to 1,829.44. The Nasdaq Composite (NASDAQ:COMP) lost 27.33 or 0.7% to 4,147.49. http://www.marketwatch.com/story/us-stocks-fa...atest_news
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