26 Jun 2014
Wall Street declines again after the Wednesday pause
FXStreet (San Francisco) - The US stocks market failed to recover all earlier losses and it closed with small declines again after the Wednesday's bounce. Thursday was the third drop in four days.
Investors confidence was hurt by speculations that the US government would revise down Q2 growth. In addition, Bullard hinted that interest rates could be raised sooner than expected.
The Dow Jones declined 21.38 points or 0.13% to finish at 16,846.13; the S&P 500 eased 2.31 points or 0.12% to 1,957.22; while the Nasdaq Composite lost 0.71% points or 0.02% in the day to wrap up the session at 4,379.05.
Investors confidence was hurt by speculations that the US government would revise down Q2 growth. In addition, Bullard hinted that interest rates could be raised sooner than expected.
The Dow Jones declined 21.38 points or 0.13% to finish at 16,846.13; the S&P 500 eased 2.31 points or 0.12% to 1,957.22; while the Nasdaq Composite lost 0.71% points or 0.02% in the day to wrap up the session at 4,379.05.