US Stocks Retreat From Records

US stocks retreat from records

Wall Street stocks dipped early Thursday, pulling back from records as markets weighed concerns about high valuations after the Federal Reserve announced plans to unwind a massive, crisis-era stimulus programme

NEW YORK, Sept 21, (UrduPoint / Pakistan Point News - 21st Sep, 2017 ) - Wall Street stocks dipped early Thursday, pulling back from records as markets weighed concerns about high valuations after the Federal Reserve announced plans to unwind a massive, crisis-era stimulus programme.

The Dow and S&P 500 finished at records Wednesday after the Fed kept interest rate unchanged and announced the end of its bond-buying program while keeping alive the chance of a December interest rate increase.