The Namibia Press Agency, (NAMPA), was established in 1991 as a national news agency responsible for the distribution of local, regional and international news.

US STOCKS SNAPSHOT-Wall St ends lower in wake of Fed hike

Contributed by NAMPA / Reuters.

NEW YORK, June 13 (Reuters) - U.S. stocks ended lower on
Wednesday in a choppy session after the Federal Reserve raised
interest rates as expected and projected a slightly faster pace
of rate hikes in the coming months.
The Dow Jones Industrial Average fell 117.74 points,
or 0.46 percent, to 25,202.99, the S&P 500 lost 11.19
points, or 0.40 percent, to 2,775.66 and the Nasdaq Composite
dropped 8.10 points, or 0.11 percent, to 7,695.70.
(Reporting by Chuck Miko ...

 

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