While you were sleeping: Stocks slide on car sales

Tue, 03 Mar 2015

By Margreet Dietz March 4 (BusinessDesk) - Wall Street moved lower from record highs after disappointing car sales lowered the appeal of equities for now, as investors await a speech from Federal Reserve Chair Janet Yellen later in the day, as well as US jobs data this week. Yellen is set to speak on Tuesday evening in New York. Also firmly on the radar is Thursday’s European Central Bank meeting as investors await further details on its plans to start buying more securities to bolster the languid euro-zone economy. Weighing on the ma...

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