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FEB 21, 2014 - TheStreet

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Stocks Slide as Fed Signals Further QE Cuts

NEW YORK (TheStreet) -- U.S. stocks dropped on Friday as comments from the Fed suggested the central bank will continue to scale back its economic stimulus program. Companies from Priceline to CommScope continued to beat earnings estimates. The Dow Jones Industrial Average lost 0.19% to 16,103.30 while the S&P 500 dropped 0.19% to 1,836.25. The Nasdaq decreased 0.1% to 4,263.41. St. Louis Fed President James Bullard Friday afternoon said that the U.S. economy was much stronger and that there would be more cuts to the Fed's monetary stimulus program moving forward. The office of ... Read More

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