Market Opens Lower as Investors Digest Fed's Rate Decision

Wall Street faced a challenging start on Friday, with the Dow Jones Industrial Average plummeting more than 450 points. Investors are closely analyzing the Federal Reserve's latest interest rate decision, amidst warnings from Fed officials about the uncertainty caused by volatile trade policies and rising inflation expectations.

Nasdaq and S&P 500 Follow Dow's Decline

The Nasdaq 100 and S&P 500 also experienced significant drops, losing 1.26% and 0.77% respectively. Notable decliners included IBM Corp., Microchip Technology Inc., and FedEx Corp., with the latter seeing an 11.18% decrease. The euro also saw a slight decline against the dollar, trading 0.21% lower at 9:34 am ET.