PDA

View Full Version : Wall Street to open lower after ADP report; more data due



NewsFeeder
12-04-2013, 08:20 AM
Wall Street to open lower after ADP report; more data due

[Reuters] - U.S. stocks were poised for a lower open on Wednesday, after a strong reading on private payrolls bolstered investors' expectations that the U.S. Federal Reserve will wind down its massive stimulus earlier than expected. The benchmark S&P 500 (^GSPC) has fallen for the three past sessions, putting the index on track to snap an eight-week winning streak during which it added nearly 7 percent, partly on concerns of an imminent wind-down of Fed stimulus.

http://us.rd.yahoo.com/finance/news/rss/story/*http://finance.yahoo.com/news/stock-futures-flat-ahead-data-122402303.html