Stocks Finish Lower on Continued Growing Global Growth Worries with Paychex (PAYX) and Caterpillar (CAT) on the Move
Posted on September 25, 2012 at 16:20 PM EDT
Closing out the day... stocks closed lower this afternoon as worries about global economic growth overshadowed positive reports on the U.S. housing market and consumer confidence. The move downward also came after Federal Reserve Bank of Philadelphia president Charles Plosser said the central bank's latest round of stimulus measures is unlikely to help growth. Earlier in the day investors had been encouraged that the long-battered real estate market continues to recover as the S&P/Case-Shiller index showed home prices in 2...(Click the story link or go to http://www.marketintelligencecenter.com for the full story)
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