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Wall Street Rally Recedes After Interest Rate Hike

2018-09-27 0 Dailymotion

According to Reuters, news from the Federal Reserve capsized a rally on Wall Street.<br />After the Fed announced an increase to interest, a good day on the New York Stock Exchange turned sour.<br />The Dow Jones Industrial Average ended the day down about 106-points, after a morning of gains.<br />The S&P 500 lost almost 10-points, falling to 2,905 after gaining about 10-points in the morning.<br />The Nasdaq Composite fell about 17-points on the day, after being up 33-points in the morning, closing at 7,990. <br />

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