Markets am: Stocks pause as rally stalls, FTSE lower as miners a...

 
 
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Friday September 20 2013
 
 
Markets
 
Stocks pause as rally stalls
 
Public holidays in Asia lead to a listless end to the week that was fuelled by the Fed's taper surprise
 
 
 
FTSE lower as miners and banks fall
 
The main index is lower but estate agent Foxtons climbs strongly on its stock market debut
 
 
S&P warning over exchange glitches
 
Recent snafus suggest that equity exchanges have become more prone to breakdowns, the agency says
 
 
Fallback follows non-taper move
 
US equities fell back on Thursday, having earlier reached fresh heights after the unexpected decision of the Federal Reserve to maintain its hefty bond-buying policy
 
 
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Taper delayed
 

The Fed administered a shock this week by leaving its QE bond purchases unchanged. But there were plenty of clues that it would opt not to start tapering. John Authers says the decision shows the US economy is still so weak that it needs the stimulus.

 
 
 
 
 
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