U.S. Stocks Turn Lower After Fed Leaves Rates Unchanged

By Anora MahmudovaMarketWatch Pulse

U.S. stocks erased earlier gains and turned lower after the Federal Reserve left its key borrowing rate unchanged. The S&P 500 is down 5 points, or 0.3%, at 1,990. The Dow Jones Industrial Average dropped 49 points, or 0.3%, to 16,693. The Nasdaq Composite lost 5 points, or 0.1% to 4,887.

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