Wall Street declines as Fed's tap and Congress uncertainty returns

FXstreet.com (San Francisco) - The US stocks market logged modest losses to start the week as investors are worrying about a new budget battle in Congress and new uncertainty about the Fed's taper decision. The S&P declined for third day.

The Dow Jones lost 49.71 points or 0.32% in the day to finish at 15,401.38; the S&P eased 8.07 pts or 0.47% to 1,701.84; and the Nasdaq Composite declined 9.44 pts or 0.24% to 3,765.29.