Wall Street slips after Fed, trading glitch
NEW YORK (Reuters) – Stocks slipped on Wednesday on disappointment that the Federal Reserve offered no new measures to stimulate the economy and after a computer glitch at a brokerage triggered a spike in volatility shortly after the open. The market will now turn its focus to the highly anticipated European Central Bank meeting on Thursday amid expectations that the ECB could detail action to bring down rising borrowing costs in Italy and Spain in defense of the euro. . . .
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