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US stocks today: Dow ends 650 pts lower after Fed rate hike, more rate tightening seen - The Economic Times
US stocks end lower after the Federal Reserve raises interest rates as expected and signals further tightening to tackle elevated inflation. The Dow falls 1.17%, while the S&P 500 drops 0.43% and the Nasdaq is nearly flat. Lower crude prices weigh on energy stocks, while chip shares gain.
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