After a positive start to the day, stocks saw substantial volatility following the Federal Reserve's highly anticipated monetary policy announcement on Wednesday. The major averages showed wild swings before eventually closing firmly in negative territory.
The major averages finished the day in the red but off their lows of the session. The Dow fell 142.29 points or 0.4 percent to 33,966.35, the Nasdaq slid 85.93 points or 0.8 percent to 11,170.89 and the S&P 500 dropped 24.33 points or 0.6 percent to 3,995.32.
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Business News
April 17, 2026 15:29 ET The ongoing conflict in the Middle East continues to raise concerns for policymakers who worry about the impact of the supply shock and high energy prices on the real economy. Producer price data and various survey results on the housing market were the main news from the U.S. this week. In Europe, industrial production data for the euro area gained attention. GDP figures out of China and the policy move by the Singapore central bank were in focus in Asia.