U.S. Stocks Extend Slide as Yellen Bounce Ebbs; Gold, Bonds Jump

  • Dollar retreats as Fed scales back rate-hike predictions
  • Asian index futures mixed ahead of BOJ’s policy review

Fed Leaves Rates Unchanged as Officials See Mixed Outlook

The U.S. equity market’s respite from concerns over the global economy failed to last a single day, with the S&P 500 Index erasing gains that earlier put it on track for the biggest advance in three weeks. Treasury yields and the dollar extended declines after Federal Reserve officials signaled a slower pace of interest-rate increases.

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