Markets slide as Fed signals inflation concerns overshadow gains
TL;DR Summary
Stocks fell broadly after a Federal Reserve decision, with the Dow Jones Industrial Average down about 750 points and the S&P 500 and Nasdaq also retreating as Fed Chair Powell emphasized ongoing inflation concerns, signaling a cautious trading session even as a few names in energy/tech moved higher.
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- Wall Street ends sharply lower after Fed keeps rates unchanged Reuters
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