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Wall Street falls as Fed uncertainty weighs

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Reuters NEW YORK

NEW YORK (Reuters) - U.S. stocks fell on Thursday on caution a day after the Federal Reserve kept its economic stimulus in place but failed to match some market expectations of extending accommodative policy into 2014.

The Dow Jones industrial average fell 73.01 points or 0.47 percent, to end unofficially at 15,545.75. The S&P 500 lost 6.77 points or 0.38 percent, to finish unofficially at 1,756.54. The Nasdaq Composite dropped 10.914 points or 0.28 percent, to close unofficially at 3,919.706.

The three major U.S. stock indexes closed October with gains. The Dow added 2.8 percent, the S&P 500 gained 4.5 percent and the Nasdaq rose 3.9 percent for the month.

 

(Reporting by Rodrigo Campos; Editing by Jan Paschal)

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First Published: Nov 01 2013 | 1:50 AM IST

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