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U.S. Stocks Fall Back from Yesterday’s Rally

U.S. Stocks Fall Back from Yesterday’s Rally (Bloomberg)

After rising to record highs yesterday on the news that the Federal Reserve will continue its current quantitative-easing policy, stocks fell today. “It’s been essentially a bleeding off of some of the party atmosphere from yesterday,” Kevin Caron, a Florham Park, New Jersey-based market strategist at Stifel Nicolaus & Co., said. “At some point the market’s got to take a breather and I think today’s that day. There’s no real catalyst today in the data.”

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