Market Downturn After Fed's Announcement

In a move that caught the attention of investors worldwide, the United States Federal Reserve's Federal Open Market Committee (FOMC) has decided to maintain the interest rates unchanged, setting them between 4.25% and 4.50%. This decision has led to a noticeable downturn in major stock indexes on Wall Street.

Impact on Major Indexes

By 2:11 pm ET, the Dow Jones Industrial Average had decreased by 0.49%, shedding 234 points. Similarly, the Nasdaq 100 and the S&P 500 were not spared, dropping by 0.79% and 0.82% respectively.

Currency Fluctuations

The euro also felt the impact, trading 0.28% lower against the American dollar, with the exchange rate adjusting to 1.04019.