![]() USA TODAY |
Stocks drop after Fed says it is still in wait-and-see mode
USA TODAY NEW YORK (AP) – Stocks dropped Wednesday, after the statement from the Federal Reserve promised no new action to boost the economy. They quickly recovered, posting only small losses, but reversing the slight gains before the Fed announcement. Stocks Pare Losses After Fed Keeps Policy Stance Stocks Brace for Fed Stocks turn downward after Fed decides not to take new action; NYSE looks into … |