Breaking News

U.S. Stocks Close Sharply Lower Following Fed Announcement, Powell Comments

Stocks saw substantial volatility late in the trading session on Wednesday, as traders reacted to the Federal Reserve's monetary policy announcement and subsequent comments by Fed Chair Jerome Powell.

The major averages initially reacted positively to the Fed's statement but pulled back sharply going into the close of trading.

Subscribe to continue reading the article.
This article is part of our premium content offering.Subscribe with a RTTNews subscription.
Subscribe Now
Already subscribed? Sign in

by RTTNews Staff Writer

For comments and feedback: editorial@rttnews.com

More Breaking News