U.S. stocks closed lower Thursday to cap a turbulent session after the Federal Reserve’s latest policy announcement and subsequent remarks from Chair Jerome Powell sent markets into disarray.
The benchmark S&P 500 slid 0.9%, while the Dow Jones Industrial Average shed 100 points, or 0.4%. The technology-heavy Nasdaq Composite tumbled 1.4%. The moves extend a Fed-induced sell-off Wednesday that saw the S&P 500 and Dow each erase around 1.7% and the Nasdaq plummet 1.8%, and mark a third…
Source link
