Stocks tumble on Fed’s taper hints, oil skids

  • Stocks tumble on Fed's taper hints, oil skids

    U.S. stocks tumbled for a third session as investors gauged the possibility of the Federal Reserve tapering its assets purchases as soon as this year. The details were disclosed in the minutes of the July meeting. In commodities, oil fell to the lowest level since May pressuring major energy names including Chevron and Exxon Mobil.

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