Major U.S. indices ended the session lower, with the Dow Jones Industrial Average falling 2.19% to 51,594.14, the S&P 500 declining 1.52% to 7,316.15 and the Nasdaq shedding 1.74% to 24,442.94
The Federal Reserve kept its benchmark interest rate unchanged at 3.50%–3.75% for a fifth consecutive meeting, although three policymakers dissented in favor of a 25-basis-point hike, reflecting growing concern over persistent inflation.
