Thursday 28 April 2016

Wall Street sinks on BOJ fears, Icahn comments

Epic Research Update : US Markets

Wall Street sinks on BOJ fears, Icahn comments US stocks closed down on Thursday as the Bank of Japan’s shocking call to cap monetary stimulus continued to rattle investors while a late day decline in Apple shares on remarks by billionaire investor Carl Icahn added to selling pressure.

The benchmark S&P 500 had its worst day in three weeks, losing 19.34 points, or 0.92 percent, to 2,075.81, the Dow Jones industrial average fell 210.79 points, or 1.17 percent, to 17,830.76 and the Nasdaq Composite dropped 57.85 points, or 1.19 percent, to 4,805.29.

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