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21 Sep 2023


NextImg:Stocks Decline As Fed Holds Rates; Asian Markets Slide On Rate Worries
 Traders work on the floor of the New York Stock Exchange (NYSE) on September 05, 2023, in New York City. The Dow Jones Industrial Average finished the day 0.22% lower, ending at 34,440.88 while the Nasdaq Composite fell 1.53% and ended the session at 13,469.13. SPENCER PLATT/GETTY IMAGES.

On Wednesday, September 20, the U.S. stock markets closed in red as the Federal Reserve opted to keep the federal funds rate from 5.25% to 5.5% during its September meeting.

Most S&P 500 sectors ended lower, with communication services and information technology sectors posting the largest losses, while consumer staples, utilities, and real estate sectors showed slight gains.

“The Dow Jones Industrial Average finished the day 0.22% lower, ending at 34,440.88. The S&P 500 recorded a 0.94% decline, closing at 4,402.20,” said Benzinga. “The Nasdaq Composite fell 1.53% and ended the session at 13,469.13.”

Asian Markets Today 

stock market.jpg

Traders work on the floor of the New York Stock Exchange (NYSE) on September 05, 2023, in New York City. The Dow Jones Industrial Average finished the day 0.22% lower, ending at 34,440.88 while the Nasdaq Composite fell 1.53% and ended the session at 13,469.13. SPENCER PLATT/GETTY IMAGES.

Eurozone at 05.30 AM ET

Commodities at 05.30 AM ET

stock market.jpg

Traders work on the floor of the New York Stock Exchange (NYSE) on September 05, 2023, in New York City. The Dow Jones Industrial Average finished the day 0.22% lower, ending at 34,440.88 while the Nasdaq Composite fell 1.53% and ended the session at 13,469.13. SPENCER PLATT/GETTY IMAGES.

US Futures at 05.30 AM ET

“Dow futures declined 0.26%, S&P 500 futures were down 0.41%, while Nasdaq 100 futures slid by 0.59%,” said Benzinga.

Forex at 05.30 AM ET

The U.S. Dollar Index was up 0.28% to 105.45 USD/JPY declined 0.09% to 148.20, and USD/AUD gained 0.64% to 1.5609.

Produced in association with Benzinga

Edited by Priscilla Jepchumba and Newsdesk Manager