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Financials weigh down Wall Street as Fed stays dovish

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U.S. stock futures were little changed on Wednesday as investors waited for more clarity on the Federal Reserve's interest rate outlook for the ...

NEW YORK: The S&P 500 and the Dow ended lower on Wednesday as interest rate-sensitive financial stocks dragged down the indexes after the U.S. Federal Reserve affirmed a dovish monetary policy stance.

The Dow Jones Industrial Average fell 141.85 points, or 0.55 percent, to 25,745.53, the S&P 500 lost 8.35 points, or 0.29 percent, to 2,824.22 and the Nasdaq Composite added 5.02 points, or 0.07 percent, to 7,728.97.

 

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