Tuesday, 27 August 2013

U.S.MARKET UPDATE

U.S. stocks fell in light volume on Monday after U.S. Secretary of State John Kerry called Syria's use of chemical weapons "undeniable."


 In a kneejerk reaction to Kerry's strong words against Syria, major U.S. stock indexes gave up their gains and turned negative in the last hour of trading. Stocks had traded higher for most of the session, as sharply weaker orders for long-lasting manufactured goods eased investors' worries of a cutback in the Federal Reserve's economic stimulus.

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