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Wall Street ends lower after late selloff on Fed view

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Reuters NEW YORK

NEW YORK (Reuters) - U.S. stocks fell on Wednesday in a late selloff as minutes of the U.S. Federal Reserve's latest policy-setting meeting indicated that stimulus will continue to be trimmed unless there is a big economic surprise.

The Dow Jones industrial average fell 89.84 points or 0.56 percent, to end unofficially at 16,040.56. The S&P 500 lost 12.01 points or 0.65 percent, to finish unofficially at 1,828.75. The Nasdaq Composite dropped 34.83 points or 0.82 percent, to close unofficially at 4,237.954.

The S&P 500 faced technical resistance as it traded within a point of its all-time closing high set last month.

 

(Reporting by Rodrigo Campos; Editing by Jan Paschal)

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First Published: Feb 20 2014 | 2:43 AM IST

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