Stocks Edge Lower as Investors Reassess Fed Fears
Investors recovered their poise after a shaky start to trading on Wall Street that sent stocks sharply lower.
Investors recovered their poise after a shaky start to trading on Wall Street that sent stocks sharply lower.
After barreling through a record the day before, the Dow Jones industrial average meandered higher on Wednesday. The DJIA edged up 42.47 points to close at 14,296.24. An encouraging job-market report helped nudge the stock market up and pushed bond prices lower. The question now is, how much longer can it keep climbing?
Stocks closed lower for a second day, dragged down by technology companies and concerns about Europe's debts. European finance ministers approved $110 billion in rescue loans to Portugal on Monday, but have yet to decide on another rescue package for Greece.


