U.S. stocks fall on speculation Fed may reduce tapering

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Source: Reuters
U.S. stocks closed lower on Monday trading session as companies from SodaStream to Express Inc reported their weak quarterly results and on speculation that the U.S. Federal Reserve may reduce tapering as the economy losing its momentum. The Dow Jones industrial average slipped 1.09% to 16,257.94, the S&P 500 Index fell 1.26% to 1,819.2 and the Nasdaq Composite Index tumbled 1.47% to 4,113.304.

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Tue, 14 Jan 2014 08:22:01 GMT

German wholesale inflation falls in December

Inflation in the Europe's largest economy measured as wholesale price index declined in December falling for the 5th successive month, a report published by the statistical office Destatis showed on Tuesday. According to the report, the country's wholesale prices slipped 1.8% year-on-year in December, while in November it slid 2.2%.

Tue, 14 Jan 2014 08:19:11 GMT

Asian shares fall led by Japan's Nikkei

The majority of Asian stocks declined on Tuesday session with the benchmark Japanese index falling as much as 3% after the country's currency fell to the weakest level in a month versus the U.S. Dollar after a report showed that U.S. jobless claims rose more than expected. The MSCI broadest Asia-Pacific gauge outside Japan slid 0.6%. while Japan's Nikkei 225

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