US
Stocks turned negative in the final minutes of trading Monday to finish in the red, after trading modestly higher through most of the trading session.
Japan's Nikkei index shed 0.6%, and Hong Kong's Hang Seng index declined by 0.4%. London's FTSE added 0.06% while the DAX in Frankfurt finished lower by 0.1%.
Investors are bracing themselves for an end to the Federal Reserve's quantitative easing program after St.Louis Fed President James Bullard told reporters in France over the weekend that the central bank could still review its "QE2" policy in forthcoming meetings, including considering cutting short the $600 billion bond buying program as the economy recovers.
UBS economists also took note of the Treasury's decision to sell its portfolio of mortgage-back securities, increased testing of reserve repurchase agreements with a broader set of counterparties by the Federal Reserve Bank of New York, and last week's announcement that Chairman Ben Bernanke plans to hold press conferences after some Federal Open Market Committee Meetings (FOMC) starting in April
Dow Jones Industrial Average
(DJI: ^DJI )
| Index Value: | 12,197.88 |
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| Trade Time: | 4:01PM EDT |
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| Change: |  22.71 (0.19%) |
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| Prev Close: | 12,220.59 |
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| Open: | 12,221.19 |
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| Day's Range: | 12,197.88 -12,272.92 |
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| 52wk Range: | 9,596.04 -12,418.00 |
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