U.S. Stocks Fall Friday After Investors Sold Ahead Of Fed Statement
ICM Brokers | Sep 15, 2014 03:14AM ET
Dow Jones
U.S. stocks fell on Friday after investors sold and jumped to the sidelines ahead of next week's Federal Reserve statement on interest rates and monetary policy. U.S. stocks end lower ahead of Fed meeting; Dow slides 0.36% Stocks edge lower as market braces for Fed statement At the close of U.S. trading, the Dow 30 fell 0.36%. The Fed will meet next week to review monetary policy, and markets are hoping for hints as to when benchmark interest rates will rise. The Fed is also expected to cut its quantitative easing program to $10 billion in Treasury and mortgage-backed securities purchased each month from $15 billion before closing the program in October. Upbeat data fueled expectations for a hawkish Fed statement due out next Wednesday, prompting investors to sell stocks for profits and head to the sidelines ahead of time.
Get The News You Want
Trading in financial instruments and/or cryptocurrencies involves high risks including the risk of losing some, or all, of your investment amount, and may not be suitable for all investors. Prices of cryptocurrencies are extremely volatile and may be affected by external factors such as financial, regulatory or political events. Trading on margin increases the financial risks.
Before deciding to trade in financial instrument or cryptocurrencies you should be fully informed of the risks and costs associated with trading the financial markets, carefully consider your investment objectives, level of experience, and risk appetite, and seek professional advice where needed.
Fusion Media would like to remind you that the data contained in this website is not necessarily real-time nor accurate. The data and prices on the website are not necessarily provided by any market or exchange, but may be provided by market makers, and so prices may not be accurate and may differ from the actual price at any given market, meaning prices are indicative and not appropriate for trading purposes. Fusion Media and any provider of the data contained in this website will not accept liability for any loss or damage as a result of your trading, or your reliance on the information contained within this website.
It is prohibited to use, store, reproduce, display, modify, transmit or distribute the data contained in this website without the explicit prior written permission of Fusion Media and/or the data provider. All intellectual property rights are reserved by the providers and/or the exchange providing the data contained in this website.
Fusion Media may be compensated by the advertisers that appear on the website, based on your interaction with the advertisements or advertisers.