Wall Street collapses as Bernanke signals exit strategy

FXstreet.com (San Francisco) - The US stocks market has closed significantly lower on Wednesday as indexes reacted to the downside following the Ben Bernanke post interest rate decision.

Ben Bernanke commented that the fed is ready to cut bond buying program and even leave the door opened to do it as soon as this year.

The Dow Jones collapsed 206.04 points or 1.35% to end the day at 15,112.19. The S&P 500 declined 22.88 points or 1.39% to 1,628.93 and the Nasdaq Composite eased 38.98 points or 1.12% to 3,443.20.