Market Report - US Close

US close: Stocks lower as Fed delivers first rate hike in three years, Warsh flags stubborn inflation

By Iain Gilbert

Date: Wednesday 16 Sep 2026

(Sharecast News) - Wall Street stocks closed lower on Wednesday after the Federal Reserve announced its first interest rate hike in three years.
At the close, the Dow Jones Industrial Average was down 1.21% at 52,462.55, while the S&P 500 shed 0.45% to 7,551.81 and the Nasdaq Composite saw out the...

Sign up for free or to read the full story

Email this article to a friend

or share it with one of these popular networks:


Article Archive

Top of Page