Dow Sinks 1,100 Points After Fed Holds Off on Hike The Federal Reserve's decision to hold off on a rate hike sent shockwaves through financial markets, wiping out approximately $150 billion in value from the stock market.
The Dow Jones Industrial Average plummeted 1,100 points in a single day, its worst performance since last October.
This sudden downturn has left investors reeling and scrambling to understand the implications of the Fed's cautious stance. What Happened at the Fed Meeting?