Fed Fulfills Market Expectations, Stocks End the Day Flat

Jun 20, 2012 4:40pm

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%


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