Wall Street concerned on Bloombergs ECB news

Wall Street closed lower today on the back of a report that came out on Bloomberg that the ECB could start to taper their QE programme sooner than planned.

The markets were volatile today on the back of this report, covered by our editors at FXStreet that originated from Bloomberg that picked up on an anonymous official suggesting that the European Central Bank is discussing to end its quantitative easing efforts sooner than planned.

On the back of today's volatility, the Dow Jones Industrial Average dropped 85.40 points, or 0.5%, to close at 18,168.45 while the S&P 500 Index fell 10.71 points, or 0.5%, to finish at 2,150.49. The Nasdaq Composite index closed lower by 11.22 points, or 0.2%, at 5,289.66.

EUR/USD: ECB shook up U.S. markets - FXStreet