The Traderszone Network

Published in TZ Latest News 29 April, 2015 by The TZ Newswire Staff

Stocks Fall But End Off Lows; Salesforce.com Surges Late

Sellers were in the stock market again Wednesday, but major averages recovered a bit after the release of the Fed policy statement at 2 p.m. ET. The Nasdaq lost 0.6% while the Dow Jones industrial average and S&P 500 gave up 0.4%. Preliminary data showed the NYSE coming in higher than Tuesday. Nasdaq volume fell a bit. The Fed statement had an optimistic tone about the economy, despite a softer labor market.

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