Market Drops on Taper Fears

U.S. stocks fell again today, marking the S&P 500’s biggest two-day decline in two months, as investors feared that a congressional budget deal could mean Federal Reserve stimulus tapering as soon as next week.

Market Drops on Taper Fears

Market Drops on Taper Fears (Bloomberg) U.S. stocks fell again today, marking the S&P 500’s biggest two-day decline in two months, as investors feared that a congressional budget deal could mean Federal Reserve stimulus tapering as soon as next week. “We’ve moved much closer for the Fed to taper in December,” Jeffrey Kleintop, chief market … Continue reading Market Drops on Taper Fears