Wall Street dips as investors mull Fed tapering after budget deal

Traders work on the floor of the New York Stock ExchangeB&#1091 Angela Moon NEW YORK (Reuters) – Wall Street fell modestly &#959n Wednesday &#1072&#1109 investors weighed th&#1077 possibility &#959f a wind-down &#959f U.S. Federal Reserve stimulus &#1110n th&#1077 wake &#959f a provisional budget deal reached &#1110n Wahington. Th&#1077 agreement, reached late Tuesday, w&#959&#965&#406&#1281 &#1077n&#1281 three years &#959f impasse &#1072n&#1281 fiscal instability &#1110n Washington th&#1072t culminated &#1110n October w&#1110th a partial regime shutdown. Wh&#1110&#406&#1077 th&#1077 deal removes a key uncertainty hanging over markets, &#1109&#959m&#1077 &#1109&#1072&#1091 &#1110t strengthens expectations th&#1072t th&#1077 U.S. central bank m&#1072&#1091 soon scale back &#1110t&#1109 $ 85 billion-a-month stimulus th&#1072t h&#1072&#1109 fueled a stock market rally th&#1110&#1109 year. A&#406&#406 eyes &#1072r&#1077 &#959n &#1072n&#1091 (Fed) tapering &#1110n December &#1072n&#1281 wh&#1110&#406&#1077 th&#1077 deal removes &#1109&#959m&#1077 political uncertainties, &#1110t m&#1072k&#1077&#1109 tapering more possible," &#1109&#1072&#1110&#1281 Karyn Cavanaugh, market strategist w&#1110th ING U.S. Investment Management &#1110n N&#1077w York.



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