Stocks End Lower after Fed Announcement
The major stock indexes ended in the red on Wednesday -- with the Nasdaq dropping 1.86% -- after Federal Reserve policymakers left the key interest rate target at 1%. The Street didn't expect an interest rate change, but was flummoxed by a seeming shift in the Fed's policy statement.
To continue reading this article you must be a Bloomberg Professional Service Subscriber.
If you believe that you may have received this message in error please let us know.