Asian stocks down as US tapering possibility looms
KUALA LUMPUR, Malaysia (AP) -- Asian stocks extended losses today after an apparent budget deal in the U.S. Congress reinforced expectations the Federal Reserve will cut its monetary stimulus as early as next week.
BC-US--Dow Record-Three Personal Stories, 1st Ld-Writethru,1173 Dow Record: Three tales of ups, downs and changes AP Photo FX102, FX103 Eds: With BC-US--Dow Record. Adds photos. By SCOTT MAYEROWITZ AP Business Writer NEW YORK (AP) -- When the Dow first crossed 14,000, investors were overjoyed. ...
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