Tag: 500 falls,

  • S&P 500 falls, yields rise following Fed announcement

    S&P 500 falls, yields rise following Fed announcement

    NEW YORK, June 17 : Major stock indexes fell, bond yields rose and the U.S. dollar extended gains against the euro on Wednesday after the Federal Reserve held the benchmark interest rate steady and new projections showed officials expect a hike in borrowing costs later this year amid increasing inflation concerns.

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