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>> DOW JONES RECORD Latest News

MAY 24, 2013 - TheStreet

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U.S. Stocks Head for Three-Day Losing Streak as Fed Signals Stimulus Curbs

NEW YORK (TheStreet) -- U.S. stocks were poised for a third day of losses Friday amid concern the Federal Reserve may wind down its stimulus program, and data showed weakness in China's manufacturing base. The S&P 500 was falling 0.41% to 1,643.71 while the Dow Jones Industrial Average was slipping 0.24% to 15,258.29. The Nasdaq was dipping 0.37% to 3,446.69. The downward momentum in global equity markets began Wednesday after Federal Reserve Chairman Ben Bernanke indicated the central bank may be ready to curb its bond buying if economic conditions improve. Bernanke said the Fed ... Read More

Tags: U.S. Stocks Head for Three-Day Losing Streak as Fed Signals Stimulus Curbs,  Dow Jones Record Latest News