Stocks closed lower Wednesday after the Federal Reserve left its key interest rate unchanged amid persistent inflation, as investors prepared for a slew of earnings reports from major technology ...
The stock market fell on Wednesday as a wave of upcoming Big Tech earnings reports overshadowed the Federal Reserve’s interest-rate decision. The Dow Jones Industrial Average fell 137 points, or 0.3%.
In midday trading, the DowJonesIndustrialAverage fell 57 points ... but firms reported higher hiring, supporting the FederalReserve’s cautious approach to monetary policy this year.