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Wall Street slips at close after Fed hikes rates

Business Materials 22 March 2018 00:41 (UTC +04:00)

US stocks ended slightly lower on Wednesday, with stocks giving up gains in choppy trade after the Federal Reserve raised benchmark US interest rates, while a strong gain in the energy space helped limit losses, Reuters reports.

Industrial Average .DJI fell 44.96 points, or 0.18 percent, to 24,682.31, the S&P 500 .SPX lost 5.01 points, or 0.18 percent, to 2,711.93 and the Nasdaq Composite .IXIC dropped 19.02 points, or 0.26 percent, to 7,345.29.

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