Wednesday's market wrap
- 6 years ago
And the markets are reacting,... following the Federal Reserve's rate hike.
Wall Street closed slightly lower on Wednesday,... after hitting intra-session highs shortly after the Fed's announcement.
The Dow Jones edged down 45-points to 24,682-point-3,... with Apple being the biggest loser.
The S&P 500 also lost a bit,... zero-point-2 percent to 2,711-point-9, as consumer staple prices fell over one-percent,... and the Nasdaq also dropped to 7,345-point-2.
Shares in Korea also finished lower on Wednesday,... but the trading range was boxed in-- with investors keeping an eye on the Fed's rate decision.
The benchmark KOSPI lost a touch closing at 2,484-point-9,.. and the junior KOSDAQ shed half-a-percent to close at 885-point-5.
Wall Street closed slightly lower on Wednesday,... after hitting intra-session highs shortly after the Fed's announcement.
The Dow Jones edged down 45-points to 24,682-point-3,... with Apple being the biggest loser.
The S&P 500 also lost a bit,... zero-point-2 percent to 2,711-point-9, as consumer staple prices fell over one-percent,... and the Nasdaq also dropped to 7,345-point-2.
Shares in Korea also finished lower on Wednesday,... but the trading range was boxed in-- with investors keeping an eye on the Fed's rate decision.
The benchmark KOSPI lost a touch closing at 2,484-point-9,.. and the junior KOSDAQ shed half-a-percent to close at 885-point-5.