Financial Times FT.com

US stocks slide on fading confidence

By Anuj Gangahar and Kiran Stacey in New York

Published: June 30 2009 14:11 | Last updated: June 30 2009 22:21

US stocks registered their best quarter in a decade on Tuesday, in spite of falling during the day to take the markets lower for June.

Equities continued to trade within a narrow range, holding on to the stellar gains made since the market bottom in March.

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