Stocks Dip Following Fed’s Latest Rate Hike

Stocks dipped on Wednesday after the Federal Reserve announced its third consecutive interest rate hike of 0.75% and signaled that more large increases were likely in the future. After being up most of the day, the S&P 500 dropped 0.3% Wednesday, while the Dow Jones Industrial Average fell 0.4%, and the Nasdaq Composite dipped 0.2%. The [...] The post Stocks Dip Following Fed’s Latest Rate Hike appeared first on ETF Trends .