Financial Markets Slumped as Fed Might Taper QE As Soon As This Year

Wall Street slumped after the FOMC meeting signaled tapering of QE measure might begin as soon as later this year. The DJIA dropped -1.35% while the S&P 500 index slipped -1.39% respectively. In the commodity sector, crude oil prices also plunged amid expectations of fewer stimuli ahead.

See the original post:
Financial Markets Slumped as Fed Might Taper QE As Soon As This Year