While you were sleeping: US rates, Greece in focus

Thu, 28 May 2015

By Margreet Dietz May 29 (BusinessDesk) - Equities on both sides of the Atlantic moved lower as investors tried to gauge the timing of a US Federal Reserve interest rate increase, and the potential for a deal between Greece and its international creditors to stave off financial collapse. In late trading in New York, the Dow Jones Industrial Average slid 0.38 percent, the Standard & Poor’s 500 Index fell 0.35 percent, while the Nasdaq Composite Index declined 0.32 percent. The Dow moved lower with slides in shares of Caterpillar and tho...

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