Fed: You're on your own


NEW YORK: The stock market has been put on notice by the Federal Reserve: from here on in, you're on your own.

Stock markets worldwide have fallen sharply since comments on Wednesday by Fed Chairman Ben Bernanke laying out the U.S. central bank's plans to pull back on its $85 billion in monthly asset purchases. U.S. stocks endured their worst two-day selloff since November 2011, and the Dow Jones industrials fell 354 points on Thursday. <.N>

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Fed , You're on your own

   

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