US stocks opened lower on Thursday, after the Federal Reserve abandoned any interest rate hikes this year and flagged an expected slowdown in the economy.
[NEW YORK] US stocks opened lower on Thursday, after the Federal Reserve abandoned any interest rate hikes this year and flagged an expected slowdown in the economy.The S&P 500 opened lower by 4.51 points, or 0.16 per cent, at 2,819.72. The Nasdaq Composite dropped 23.54 points, or 0.30 per cent, to 7,705.43 at the opening bell.
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