U.S. Stocks Retreat Amid Tepid Growth Outlook, Brexit Concerns

Updated on
  • Fed meeting offered only brief reprieve from overseas anxiety
  • Banks, industrials fail to maintain momentum after Yellen

Most Impotant Two Minutes of Yellen's Statement

U.S. stocks erased gains in a late-day collapse after the Federal Reserve held pat on interest rates, with mixed American growth and a sluggish global economy heightening concern the effectiveness of central-bank stimulus has reached its limits.

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