US stocks dip as Federal Reserve backs away from stimulus
PUBLISHED ON: April 4, 2012 | Duration: 23 min, 58 sec
US markets fell over 1 per cent after the markets are disappointed over the Federal Reserve's minutes despite the better-than-expected private sector jobs report, Dow is seeing its biggest loss in a month. Spain sold 2.6 billion euros worth of bonds, and borrowing costs rose as the impact of ECB's emergency lending waned. Markets are worried that the debt crisis could expand to Spain.