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Thursday, December 5, 2013

Epic Research Singapore : U.S Market Update

The Dow industrials DJIA -0.16%  finished down 94.15 points, or 0.6%, to 15,914.62, the biggest one-day decline since Nov. 7 and the third-straight fall for that index. The S&P 500 SPX -0.13%  also logged its third-straight loss.

John Williams, president of the San Francisco Federal Reserve Bank, told Reuters in an interview on Tuesday that the Fed should only taper when it is “completely confident” the economy is progressing on the right track.  


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