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Benzinga
Benzinga
Business
Henry Khederian

Markets Sell Off Following Last Week's Federal Reserve Decision

U.S. indices fell sharply again Monday as stocks continued to sell off following last week’s Fed rate hike decision. A gain in Treasury yields has also weighed on technology and growth stocks.

  • The Nasdaq composite finished lower Monday by 4.29% to 11,623; The Invesco QQQ Trust Series 1 (NASDAQ:QQQ) lost 3.91% to $297.15.

  • The S&P 500 traded lower by 3.2% to 3,991; The SPDR S&P 500 ETF Trust (NASDAQ:SPY) lost 3.2% to $398.17.

  • The Dow Jones composite finished lower by 1.99% to 32,245; The SPDR Dow Jones Industrial Average ETF Trust (NASDAQ:DIA) finished lower by 1.97% at $322.60.

  • Here are the day's winners and losers from the Dow Jones, according to data from Benzinga Pro.

3M Co (NYSE:MMM), Amgen, Inc. (NASDAQ:AMGN) and Walmart Inc (NYSE:WMT) were among the only gainers for the DIA Monday. 

Boeing Co (NYSE:BA), Chevron Corporation (NYSE:CVX) and Visa Inc (NYSE:V) were among the top losers for the Dow Jones.

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