Finance Latest News: Stocks Slide on Wall Street

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Finance Latest News: Stocks Slide on Wall Street

by Wochit 0:50 mins

Finance Latest News: Stocks Slide on Wall Street

by Wochit 0:50 mins

Stocks are sliding in morning trading on Wall Street despite some positive news on the economy. Trading volume has been muted, marking the lightest full-day action of the year, a sign that market participants are largely holding pat near historic levels. Investor focus on Federal Reserve has receded after last week's bearish payroll report suggested the Fed would not ease its monetary stimulus soon, while most of the bellwether companies have already reported. U.S. stock-market futures pointed to a flat open for Wall Street after key indexes fell from record highs the prior session.

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