While you were sleeping No rush to taper, Fed says

Wed, 10 Jul 2013

By Margreet Dietz July 11 (BusinessDesk) - Wall Street was mixed as minutes from the latest Federal Open Market Committee meeting showed policy makers were looking for further strength in the US labour market before easing the central bank's bond-buying program. In late afternoon trading in New York, the Dow Jones Industrial Average fell 0.20 percent, while the Standard & Poor's 500 Index declined 0.09 percent to 1,650.80. The Nasdaq Composite Index rose 0.31 percent. The S&P 500 today has swung between 1,647.66 and 1,657.92. "While recognis...

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