U.S. stocks fall today due to disappointing economic data

U.S. stocks stall near Fed-fueled records



Today – Thursday 19th September 2013

  • U.S. stocks fall today the number of people applying for new unemployment benefits climbed above 300,000 again and could rise a bit more, Initial jobless claims climbed by 15,000 to 309,000.
  • Another reason U.S. stocks decreased was because investors are a little confused on why the Fed decided to keep it’s stimulus going, which caused a pause in the market and a pull back from investing.
  • The Dow Jones industrial average (^DJI) fell 40.39 points or 0.26 percent, to 15,636.55, the S&P 500 (^GSPC) lost 3.18 points or 0.18 percent, to 1,722.34 and the Nasdaq Composite (^IXIC) added 5.743 points or 0.15 percent, to 3,789.384.

Categories: Capital Markets

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