Benchmarks eroded initial gains to end in the red as another decline in oil prices offset the positive impact of Apple's record earnings results and the Fed's encouraging view on economy and labor market. After concluding its two-day meeting on Wednesday, the Federal Open Market Committee (FOMC) provided a positive picture regarding economic growth and labor market, and also maintained it would remain "patient" before hiking interest rate.
For a look at the issues currently facing the markets, make sure to read today's Ahead of Wall Street article
For a look at the issues currently facing the markets, make sure to read today's Ahead of Wall Street article
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