U.S. shares fall amid speculation over less stimulus by Fed

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Source: Reuters
Wall Street stocks closed lower on Monday with the benchmark index Standard & Poor's 500 dropping for the third successive session amid speculation that the Federal Reserve may trim its bond purchases further. The Dow Jones industrial average slid 0.26% to 15,837.88, the S&P 500 Index lost 0.49% to 1,781.56 and the Nasdaq Composite index fell 1.08% to 4,083.61.

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Tue, 28 Jan 2014 05:55:05 GMT

U.S. Dollar holds firm before Fed's meeting

The U.S. Dollar strengthened on Tuesday against the Japanese Yen after falling in the previous session on speculation that the currency may decline after the U.S. Federal Reserve decides to trim its bond purchases on this week's policy meeting. The so-called Greenback inched up as much as 0.1% to 102.63 yen after slipping to 101.77, the least since December.

Tue, 28 Jan 2014 05:33:06 GMT

Asian stocks drop on concerns over less stimulus

The majority of Asian shares declined on Tuesday trading session and traded near the weakest level in five months amid speculation that emerging markets may be affected by further stimulus cuts by the U.S. Federal Reserve and as China's economic growth slowed down. The MSCI broadest Asia-Pacific gauge outside Japan slipped and it has dropped 3.8% in the last three

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