US News

Wall Street falls on taper worries, Kabul blast

Published by
Reuters

By Devik Jain (Reuters) – Wall Street’s main indexes fell to session lows on Thursday on fears of a faster tapering of the U.S. Federal Reserve’s bond purchase program, with traders also pointing to a blast in Kabul for a spike in volatility. After opening nearly flat, all three major indexes turned sharply lower. A suspected suicide bomb exploded outside Kabul airport, killing at least 13 people including children. “Geopolitics don’t usually impact the market too much but when a news report like that comes out, it tends to have a little bit of a move,” said Randy Frederick, managing director …

Read More

Facebook Comments

Check Also

Chairman, CEO Of China's HNA Group Arrested For “Suspected Crime”

Chairman, CEO Of China’s HNA Group Arrested For ...

Archives