Wednesday's market wrap up
- 6 years ago
Taking a look at the markets.
Wall Street ended lower Wednesday in a choppy session after the Federal Reserve raised interest rates as expected and projected a slightly faster pace of rate hikes for the rest of the year.
The Dow Jones Industrial Average dropped 119 points -- around half-a-percent -- to 25,201.
The S&P 500 dropped zero-point-four percent to 2,775.
The Nasdaq was down just over point one of a percent... ending at 7,695.
South Korea's financial markets were closed on Wednesday due to the local elections.
So let's take a brief look at Europe.
The UK's FTSE 100 and France's CAC 40 finished virtually unchanged, while Germany's DAX rose around zero-point-four percent.
Wall Street ended lower Wednesday in a choppy session after the Federal Reserve raised interest rates as expected and projected a slightly faster pace of rate hikes for the rest of the year.
The Dow Jones Industrial Average dropped 119 points -- around half-a-percent -- to 25,201.
The S&P 500 dropped zero-point-four percent to 2,775.
The Nasdaq was down just over point one of a percent... ending at 7,695.
South Korea's financial markets were closed on Wednesday due to the local elections.
So let's take a brief look at Europe.
The UK's FTSE 100 and France's CAC 40 finished virtually unchanged, while Germany's DAX rose around zero-point-four percent.