News & Observer |
Stocks hammered by Fed moves
USA TODAY NEW YORK — Stocks were hammered Wednesday after the Federal Reserve, under its new chief Janet Yellen, said it would dial back its stimulus by an additional billion per month and updated its guidance on when the central bank might start raising … Stocks slump on Yellen rate hike remark Dow falls 114 points as Yellen spurs rate-hike bets: stock market live blog recap Stocks end lower after Yellen suggests rate hikes to come earlier; Dow drops … |