AlHijjah 26, 1434, Oct 31, 2013, SPA -- U.S. stocks closed lower Wednesday, even though the Federal Reserve (Fed) decided to continue its $85 billion a month bond buying program. In U.S. economic news, private sector employers added just 130,000 jobs in October – their lowest level of job growth since April, according to a report by payroll processor ADP. The dollar lost ground against the euro, the pound, and the yen. Light sweet crude oil for December delivery dropped $1.43 to $96.77 a barrel on the New York Mercantile Exchange. Gold futures climbed $3.80 to $1,349.30 an ounce. The Dow Jones industrial average fell 61.59, or 0.39 percent, to 15,618.76. The broader Standard & Poor's 500 index lost 8.64, or 0.49 percent, to 1,763.31. The technology-heavy Nasdaq composite index dropped 21.72, or 0.55 percent, to 3,930.62.
