Stocks Drop on Government Shutdown Concerns (Bloomberg)
U.S. stocks endured their biggest decline since August as investors grew concerned about the timing of eventual Federal Reserve stimulus tapering and a potential government shutdown. “It’s probably a little confusing to the market what’s coming out of the Fed,” John Kvantas, a San Antonio, Texas-based executive director at USAA Investments, said. “Maybe the Fed is trying to send a message that ‘yeah we didn’t taper, but it doesn’t mean we will never taper and maybe actually will taper still quite soon.’”
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