Thursday, July 6, 2017

U.S. stocks fall as central banks signal QE end

U.S. stocks opened firmly lower Thursday as central banks around the globe were indicating a desire to exit from ultra-easy monetary policies that prevailed during the heart of the 2008-'09 financial crisis. The Dow Jones Industrial Average fell 0.6% at 21,347, the S&P 500 index slipped 0.7% at 2,414, while the Nasdaq Composite Index tumbled 1.1% at 6,082, after posting Wednesday's best performance among the U.S. equity benchmarks. Wall Street has closely followed recent central bankers' comments about the strength of the global economy, with recent remarks from the European Central Bank......(read more)
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