Dow down 33 points

Wall Street surrendered early gains and closed lower today as a higher US trade deficit and questions about the labour market dampened enthusiasm over a policy change at the Bank of Japan.

Dow down 33 points

Wall Street surrendered early gains and closed lower today as a higher US trade deficit and questions about the labour market dampened enthusiasm over a policy change at the Bank of Japan.

The US market was cheered after the Japanese central bank signalled an end to its current interest rate policy, set in place five years ago to fight inflation and also lift a sagging economy.

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