Go Ad-Free
    My Alerts
    Moneycontrol
    Moneycontrol PRO
    HomeNewsBusinessMarketsWall Street ends lower after Fed official's comments

    Wall Street ends lower after Fed official's comments

    Based on the latest available data, the Dow Jones industrial average fell 42.47 points, or 0.28 percent, to end unofficially at 15,233.22.

    May 17, 2013 / 10:06 IST

    US stocks ended lower on Thursday, with declines picking up steam late in the day after a Federal Reserve official said the central bank could begin easing up on its monetary stimulus this summer.


    Also Read: Europe debt crisis offers bargains for Asian cos: Macquarie

    Based on the latest available data, the Dow Jones industrial average fell 42.47 points, or 0.28 percent, to end unofficially at 15,233.22. The Standard & Poor's 500 Index slipped 8.31 points, or 0.50 percent, to finish unofficially at 1,650.47. The Nasdaq Composite Index declined 6.37 points, or 0.18 percent, to close unofficially at 3,465.24.

    first published: May 17, 2013 10:05 am

    Discover the latest Business News, Sensex, and Nifty updates. Obtain Personal Finance insights, tax queries, and expert opinions on Moneycontrol or download the Moneycontrol App to stay updated!

    Subscribe to Tech Newsletters

    • On Saturdays

      Find the best of Al News in one place, specially curated for you every weekend.

    • Daily-Weekdays

      Stay on top of the latest tech trends and biggest startup news.

    Advisory Alert: It has come to our attention that certain individuals are representing themselves as affiliates of Moneycontrol and soliciting funds on the false promise of assured returns on their investments. We wish to reiterate that Moneycontrol does not solicit funds from investors and neither does it promise any assured returns. In case you are approached by anyone making such claims, please write to us at grievanceofficer@nw18.com or call on 02268882347