Stocks on Wednesday surrendered beforehand assets to aing lower afterwards the Federal Reserve aloft absorption ante by 25 base points, as broadly anticipated, and adumbrated its absorbed to bind already added in December.
The Dow Jones Industrial Average
fell 106.93 points, or 0.4%, to 26,385.28. The S&P 500
alone 9.59 points, or 0.3%, to 2,905.97. The Nasdaq Composite Index
afford 17.11 points, or 0.2%, to 7,990.37.
All three benchmarks were nursing bashful assets with about a half-hour larboard in trading afore abruptly pivoting down.
Read: Fed interest-rate hike—a September rarity—could burden stocks
The market’s changeabout is in band with trading patterns on canicule aback the
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