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U.S. stocks down for 3rd consecutive day

August 7, 2013

Stocks down for third straight day

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Summary:

  • U.S. stocks declined because of growing speculation that the Federal Reserve will stop it’s stimulus by the end of this year because the economy seems to be growing stronger. The Federal Reserve said if they see improvements in the economy they will stop the stimulus because the stimulus was only till the economy can stand on its own.
  • Because of this decline and issue, it has affected global markets such as shares in Japan fell 4%
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