Stock market sinks to session lows after Fed's 'patient' policy statements, Powell news conference

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Stock market sinks to session lows after Fed's 'patient' policy statements, Powell news conference
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U.S. stock indexes on Wednesday saw losses for the session deepen with less than a half-hour left in trading, following the conclusion of the Federal...

U.S. stock indexes on Wednesday saw losses for the session deepen with less than a half-hour left in trading, following the conclusion of the Federal Reserve's updated policy statement. The Dow Jones Industrial Average DJIA, -0.59% was down 0.5% at 26,469, after putting in an intraday peak at 26,689, the S&P 500 index SPX, -0.70% fell 0.6% to 2,928, after touching its intraday peak at 2,954, while the Nasdaq Composite Index COMP, -0.48% slipped 0.4% to 8,065.

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