U.S. Stocks Close Mixed Following Lackluster Session
WASHINGTON (dpa-AFX) - After ending the previous session sharply higher, stocks showed a lack of direction over the course of the trading session on Wednesday. Despite the choppy trading, the tech-heavy Nasdaq reached a new record closing high.
The major averages eventually ended the session mixed for the third time in four sessions. While the Dow dipped 44.77 points or 0.2 percent to 30,154.54, the Nasdaq climbed 63.13 points or 0.5 percent to 12,658.19 and the S&P 500 rose 6.55 points or 0.2 percent to 3,701.17.
The mixed close on Wall Street came after the Fed announced its widely expected decision to leave interest rates unchanged while also revealing plans to continue its asset purchase program until the economy shows substantial progressed towards the central bank's goals of maximum employment and price stability.