Stocks Mixed After Three-day Downturn

The Standard & Poors 500 index fell 0.18 points, or 0.01 percent, to 1,775.32. The Nasdaq composite rose 2.57 points, or 0.06 percent, to 4,000.98. All three indexes fell for the week despite strong reports on employment, housing and retail spending. Investors have been worried that the stronger the Fed thinks the economy is, the more likely it is to stop buying http://answers.yahoo.com/question/index?qid=20131207102553AAXvB0j $85 billion per month in bonds. The purchases have been aimed at keeping interest rates low, which makes it cheaper to borrow. That has sent investors into stocks as they seek higher returns. The big indexes are up 20 percent or more this year. The central banks policy-making committee meets next week and will announce decisions, if any, on Wednesday.
Full story: http://www.ohio.com/business/stocks-mixed-after-three-day-downturn-1.452444

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