<ul><li>S&P 500 down 24 points to 3995 (-0.6%)</li><li>Nasdaq -0.8%</li><li>Russell 2000 -0.6%</li><li>DJIA -0.4%</li><li>Toronto TSX Comp -0.5%</li></ul><p>The initial reaction was strongly negative to the Fed statement and that briefly extended on Powell's comments before a rebound. The bounce even led the indexes into positive territory briefly before sellers took over again. I don't think we've seen the final word on that market's reaction to the FOMC.</p>
This article was written by Adam Button at www.forexlive.com.
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