While you were sleeping: Stocks take breather

Thu, 09 Jun 2016

By Margreet Dietz June 10 (BusinessDesk) - Equities on both sides of the Atlantic fell as investors reassessed whether the outlook for economic growth warrants valuations near record highs. Investors are also repositioning for the two-day Federal Open Market Committee meeting, scheduled to start on June 14. Wall Street slid. In 2.48pm New York trading, the Dow Jones Industrial Average inched 0.09 percent lower. In 2.33pm New York trading, the Standard & Poor’s 500 Index slid 0.26 percent. In 2.48pm trading, the Nasdaq Composite Index...

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