U.S. markets down

Markets down

 

Summary:

  • U.S. stocks ended lower Tuesday, losing steam gained from reports showing solid growth for car sales and factory orders as investors anticipated the jobs report at the end of the week

 

  • Stocks started edging down after New York Federal Reserve President William Dudley spoke Tuesday. Dudley reiterated that market fears about rate hikes are misplacedwhen it comes to the Fed’s intentions to scale back on asset purchases as the economy improves. But that reassurance did little to appease the market.

 

 

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Categories: Capital Markets

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