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Stocks Turn Down As Interest Rates Turn Up

2018-12-20 1 Dailymotion

According to Business Insider, a statement from the Federal Reserve deflated a morning rally on Wall Street.<br />By the early afternoon on Dec. 18th, the top three markets on the New York Stock Exchange were up about 1-percent each.<br />But a statement from the Fed has put the markets into negative territory on the day.<br />Following the latest Federal Open Market Committee meeting, the Fed announced another increase to interest rates.<br />Now, the markets are down over 1-percent each. <br />

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