Interest rate fears send US stocks down

US stocks closed modestly lower today as the latest batch of upbeat economic data made investors uneasy about more interest rate hikes by the Federal Reserve.

Interest rate fears send US stocks down

US stocks closed modestly lower today as the latest batch of upbeat economic data made investors uneasy about more interest rate hikes by the Federal Reserve.

The Dow fell 16.17, or 0.14%, to 11,400.28, after losing as much as 54 points intraday. On Tuesday, the Dow finished at 11,416.45, its best close since January 19, 2000.

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