Market recap: Investors booked profits following yesterday's big gains, as focus returned to the...

|By:, SA News Editor
Market recap: Investors booked profits following yesterday's big gains, as focus returned to the Fed and next week's FOMC meeting. Financial stocks lagged as data showed a slowdown in consumer sentiment, and energy stocks fell despite a rise in crude oil prices primarily due to headlines about Syria's civil war. Meanwhile, the IMF cut its 2014 U.S. growth outlook to 2.7% from 3%.