US Stocks In The Red After Fed's Monetary Policy Meeting
- 6 years ago
According to Reuters, US equity markets shed their morning gains after the Federal Reserve released a statement.
Following the latest Federal Open Market Committee meeting, the Fed announced they will increase interest rates again, though that will slow over 2019.
After posting gains earlier on Dec. 18th, the top three markets on Wall Street fell into negative territory.
The Dow Jones Industrial Average dropped 87-points, with the S&P 500 and Nasdaq Composite losing about 15-points each.
Following the latest Federal Open Market Committee meeting, the Fed announced they will increase interest rates again, though that will slow over 2019.
After posting gains earlier on Dec. 18th, the top three markets on Wall Street fell into negative territory.
The Dow Jones Industrial Average dropped 87-points, with the S&P 500 and Nasdaq Composite losing about 15-points each.