While you were sleeping: Wall St retreats from record highs

Wed, 20 Sep 2017

By Margreet Dietz Sept. 21 (BusinessDesk) - The US dollar rose, while Treasuries fell after the Federal Reserve signalled it plans another interest rate increase this year and said, as it had flagged previously, that it will begin paring its balance sheet in October. Wall Street was mixed, with both the Dow and S&P 500 retreating from touching record highs earlier in the day. “There’s nothing in the official release that’s too earth shattering, but when it’s in black and white, it might shock a few people,” Jim Paulsen, chief investmen...

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