Fed Raises Rates by 25 Basis Points as U.S. Stock Indices Close Lower
Source:
flash.jin10.com
The Federal Reserve raised interest rates by 25 basis points as expected, with all three major U.S. stock indices closing lower. The Dow Jones Industrial Average fell 1.2%, the S&P 500 dropped 0.44%, and the Nasdaq Composite dipped marginally by 0.01%, while Chinese concept stocks and tech shares displayed mixed performance.