Wall Street ends lower in wake of Fed hike

Wall Street ends lower in wake of Fed hike

NEW YORK (Reuters) - U.S. stocks ended lower on Wednesday in a choppy session after the Federal Reserve raised interest rates as expected and projected a slightly faster pace of rate hikes in the coming months.

The Dow Jones Industrial Average <.DJI> fell 117.74 points, or 0.46 percent, to 25,202.99, the S&P 500 <.SPX> lost 11.19 points, or 0.40 percent, to 2,775.66 and the Nasdaq Composite <.IXIC> dropped 8.10 points, or 0.11 percent, to 7,695.70.

(Reporting by Chuck Mikolajczak; Editing by James Dalgleish)

This story has not been edited by Firstpost staff and is generated by auto-feed.


Updated Date: Jun 14, 2018 02:05 AM

Also Watch

Social Media Star: India’s top lifestyle bloggers share their trade secrets on the latest episode
  • Friday, July 27, 2018 First Day First Showsha — Reviewing Tom Cruise's Mission: Impossible - Fallout in 10 questions
  • Friday, August 10, 2018 It's a Wrap: Fanney Khan stars Anil Kapoor, Rajkummar Rao, Pihu Sand in conversation with Parul Sharma
  • Wednesday, August 15, 2018 Partition's real cost: Sonam Kalra revisits accounts of separation, loss in a spellbinding performance
  • Monday, August 13, 2018 Asian Games 2018: How Indian women's hockey team moved on from heartbreak at London World Cup

Also See