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Wall Street ends lower in broad-based selloff

The Dow Jones industrial average tumbled 129.60 points, or 0.81%, to end unofficially at 15,843.53

Reuters New York

US stocks fell on Wednesday in broad-based selling as traders locked in recent gains after a provisional budget deal out of Washington removed one of the near-term reasons for the Federal Reserve to continue its current pace of economic stimulus.

Based on the latest available data, the Dow Jones industrial average tumbled 129.60 points, or 0.81%, to end unofficially at 15,843.53. The Standard & Poor's 500 Index slid 20.40 points, or 1.13%, to finish unofficially at 1,782.22. The Nasdaq Composite Index dropped 56.68 points, or 1.4%, to close unofficially at 4,003.81.

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First Published: Dec 12 2013 | 2:37 AM IST

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