Thu, 06 Jun 2013 13:54:05 GMT
Stock prices drop in U.S. as Fed may wind down stimulus
Share prices in the U.S. dropped on Wednesday as investors speculated that the Fed might slow down its bond purchasing programme. Experts say that this move might indicate the end of an seven-month rally in the U.S. stocks. The Nasdaq Composite Index dropped 1.27%, the S&P 500 decreased 1.38%, while the Dow Jones industrial average shrunk 1.43%.