While you were sleeping Worry returns to equities

Wed, 29 May 2013

By Margreet Dietz May 30 (BusinessDesk) - Wall Street declined, pushing the Dow Jones Industrial Average down from yesterday's record-high close, as investors weighed signs of improvement in the US economy with concern about the Federal Reserve's potential decrease of monetary stimulus. US Treasuries gained today, as recent increases in yields bolstered the appeal of fixed-income securities. Yields on the benchmark 10-year bond dropped four basis points to 2.13 percent. “This is an opportunity to put money to work at levels that are 60 to 70...

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