Stocks Slip; Globe, ISM Decline
The stock market fell Tuesday as investors re-evaluated the Federal Reserve’s interest rate options following last week’s strong US jobs report.
The Philippine Stock Exchange Index fell 9.48 points, or 0.1 percent, to 8,042.04 on a value turnover of PhP5.9 billion. Losers beat gainers, 125 to 71, with 44 issues unchanged.