US stocks end lower after the Federal Reserve raises interest rates as expected and signals further tightening to tackle elevated inflation. The Dow falls 1.17%, while the S&P 500 drops 0.43% and the Nasdaq is nearly flat. Lower crude prices weigh on energy stocks, while chip shares gain.
US stocks end lower after the Federal Reserve raises interest rates as expected and signals further tightening to tackle elevated inflation. The Dow falls 1.17%, while the S&P 500 drops 0.43% and the Nasdaq is nearly flat. Lower crude prices weigh on energy stocks, while chip shares gain.
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