While you were sleeping: Stocks slide before Fed

Mon, 14 Sep 2015

By Margreet Dietz Sept. 15 (BusinessDesk) - Wall Street moved lower amid further evidence of China’s slowing economic growth, underpinning uncertainty ahead of this week’s gathering of US Federal Reserve policy makers. The Federal Open Market Committee will begin its two-day meeting on Wednesday, and might decide to hike interest rates for the first time since 2006. In New York trading at about 3pm, the Dow Jones industrial average fell 0.47 percent, the Standard & Poor’s 500 Index slid 0.47 percent, while the Nasdaq Composite Index...

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