New Downtrend Or Just Quick Downward Correction Before Another Leg Up?
December 15, 2016 at 08:08 AM EST
The U.S. stock market indexes lost 0.3-0.8% on Wednesday, retracing some of their recent move up, as investors reacted to the FOMC Rate Decision announcement. The S&P 500 index remains relatively close to its record high of 2,277.53.