Stocks Slip as Bond Buying Ends, Statement Shows Signs of a More Hawkish Fed

The Federal Reserve released the statement from its October FOMC meeting–and stocks aren’t too happy with what they see. Associated Press The S&P 500 has dropped 0.4% to 1,978.10 at 2:26 p.m., while the Dow Jones Industrial Average has dipped 0.2% to 16,977.87. The Nasdaq Composite has fallen 0.6% to 4,536.59. Here’s what we know. [...]