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<US>DJIA Closes Down 44 Pts as Fed Keeps Rates Unchanged Again; Crypto Stocks Rally
The Fed announced it would keep interest rates unchanged as expected and indicated no rush to cut rates, swinging US stocks around on Wednesday.The DJIA once surged by up to 294 po...
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<US>DJIA Closes Down 44 Pts as Fed Keeps Rates Unchanged Again; Crypto Stocks Rally
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The Fed announced it would keep interest rates unchanged as expected and indicated no rush to cut rates, swinging US stocks around on Wednesday.

The DJIA once surged by up to 294 points but ultimately closed the day down 44 points or 0.1% at 42,171. The S&P 500 edged 1 point lower to close at 5,980. The Nasdaq climbed by 25 points or 0.1%, closing at 19,546.

Related NewsEIA Crude Oil Stocks Change for Jun/13 in United States is -11.473M, lower than the previous value of -3.644M. The forecast was -2.3M.
Tech stocks delivered varying performance. After dropping by 4% as its Texas plant announced a one-week production halt, Tesla (TSLA.US)      rebounded 1.8% on Wednesday, making it the best performer among the Magnificent Seven. Microsoft (MSFT.US)      , Apple (AAPL.US)      , and Nvidia (NVDA.US)      advanced by less than 1%. Amazon (AMZN.US)      slipped by 1%.

The US Senate voted to pass the stablecoin bill, shoring up cryptocurrency concept stocks. Circle (CRCL.US)      soared by 33.8%, while Coinbase (COIN.US)      spiked by 16.3%.
(Real-time Streaming US Stocks Quote; Except All OTC quotes are at least 15 minutes delayed.)

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