Fed's decision causes market turbulence and uncertainty.
TL;DR Summary
The stock market rally showed resilience Wednesday despite a hawkish Federal Reserve rate-hike outlook, with indexes closing mixed on relatively dovish comments from Fed chief Jerome Powell. China cut rates amid fresh disappointing economic data. Homebuilder Lennar reported earnings after the close. A slew of medical products and systems makers flashed buy signals Wednesday, after Dow Jones insurance giant UnitedHealth warned that patients are spending more on medical procedures.
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