Fed and Macy’s Results Drag Down Wall Street on Wednesday (M)

Stocks fell on Wednesday after a slue of disappointing corporate earnings and comments that the Fed will likely begin its taper next month. James Bullard expressed his worry over current low inflation readings and said that the Fed could lose credibility if the target isn’t reached. Macy’s (M) tumbled 4% after cutting its yearly outlook Read the full article... Read the rest of Fed and Macy’s Results Drag Down Wall Street on Wednesday (M) at InvestorGuide.com .