Today's Sole Dow Jones Stock Winner Just Signaled a Recession
Stock investors have been waiting to hear from the Federal Reserve about the central bank's plans for interest rate policy in the next year or two, and what they found out on Wednesday wasn't good news in their minds. After oscillating in both directions following the 2 p.m. EDT announcement and subsequent press conference, the Dow Jones Industrial Average (DJINDICES: ^DJI), S&P 500 (SNPINDEX: ^GSPC), and Nasdaq Composite (NASDAQINDEX: ^IXIC) all started heading lower, with losses ending up just short of 2% on the day.
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Source Fool.com