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Wall St pares losses as Treasuries tick up

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Reuters NEW YORK

NEW YORK (Reuters) - U.S. stocks pared losses in afternoon trading on Monday after U.S. Treasuries prices rose in volatile trade, as investors continue to grapple with the prospect of less support to the economy from the Federal Reserve.

The Dow Jones industrial average fell 52.37 points or 0.35 percent, to 14,747.03, the S&P 500 lost 9.62 points or 0.6 percent, to 1,582.81 and the Nasdaq Composite dropped 20.57 points or 0.61 percent, to 3,336.68.

The S&P 500 had earlier fallen more than 2 percent. (Editing by Nick Zieminski)

 

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First Published: Jun 25 2013 | 12:00 AM IST

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