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Federal Reserve chairman visits Fort Bliss [Im...

Federal Reserve chairman visits Fort Bliss

Why U.S. stocks were down today

Summary:

  • One reason U.S. stocks are down today is because of concerns of global economic growth. The losses came after the Organization for Economic Cooperation and Development trimmed its world economic growth forecast for 2013 to 3.1 percent from 3.4 percent.
  • Another reason U.S.  stocks are down today is because U.S. Federal Reserve said it might stop pumping stimulus into the economy IF theres signs of growth, nothing is sure yet.
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May 29, 2013

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