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The Dow Jones Industrial Average, S&P 500, and Nasdaq Composite fell on Wednesday.

  • The Dow Jones Industrial Average fell 164.55 points or 0.48 percent, to close at 33,820.38.
  • The S&P 500 fell 0.08 percent to close at 4,183.18.
  • The Nasdaq Composite fell 0.28 percent to close at 14,051.03.

“With inflation running persistently below this longer-run goal, the Committee will aim to achieve inflation moderately above 2 percent for some time so that inflation averages 2 percent over time and longer‑term inflation expectations remain well anchored at 2 percent. The Committee expects to maintain an accommodative stance of monetary policy until these outcomes are achieved,” the Fed said.

On Thursday keep an eye out for:

  • US Gross Domestic Product Annualized
  • Initial Jobless Claims
  • Amazon, Samsung, Mastercard, and others are reporting earnings.