Fed Fulfills Market Expectations, Stocks End the Day Flat
The Federal Reserve maintained a status quo in its monetary policy and the so did U.S. stock markets today.
The Dow ended the day flat at 12,824.39, down -12.94 or -0.10 percent.
There were no surprises in the Fed announcement today, much of the moves had been anticipated by the markets already.
Focus now shifts once again to the three-year-old, festering mess that is the European debt crisis.
CLOSE | POINT CHANGE | % CHANGE | |
Dow | 12,824.39 | -12.94 | -0.10% |
S&P 500 | 1,355.69 | -2.29 | -0.17% |
Nasdaq | 2,930.45 | 0.69 | 0.02% |