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VERIFIEDET Markets·negative
US stocks today: Dow ends 650 pts lower after Fed rate hike, more rate tightening seen
AI Summary
- ·US stocks ended lower following the Federal Reserve's expected interest rate hike.
- ·The Dow Jones Industrial Average fell 1.17%, the S&P 500 dropped 0.43%, and the Nasdaq remained nearly flat.
- ·Lower crude prices impacted energy stocks negatively, while chip shares experienced gains.