Another triple digit loss for the Dow Jones Industrial on Wednesday. After some choppy trading, stocks fell sharply lower after the Fed’s statement that gave no clear signs as to when interest rates would rise. Today’s losses come on the heels of Tuesday’s massive declines. Treasury prices surged on the Fed. The 10-year yield fell nearly 10 basis points to its lowest level in nearly two weeks. Crude prices slipped nearly 4% to settle at its lowest level in almost 5 years. The renewed slide in oil prices sent the energy sector spiraling down. Anadarko Petroleum (APC) and Halliburton (HAL) extended losses, both dropping more than 4%. Boeing (BA) was a big gainer and by far the best performing blue chip. The airplane maker gained after posting earning that surpassed expectations.
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