U.S. shares drop on bets Fed will taper stimulus

Source: Bloomberg
© Scanpix\Reuters
U.S. shares decreased, with the Standard & Poor's 500 Index falling for the first time for three days in a row since June 12 on bets the Federal Reserve will taper stimulus this year as soon as the economy expands. The S&P 500 dropped 0.4% to 1,690.91 and the Dow Jones Industrial Average fell 0.3% to 15,470.67.
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