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Stocks decline as interest rate uncertainty, earnings weigh

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U.S. stocks fell in choppy trading on Wednesday as investors assessed the Federal Reserve's interest rate stance and a batch of soft earnings early in the financial reporting season.

Item 1 of 2 A trader works on the trading floor at the New York Stock Exchange in New York City, U.S., April 5, 2024. REUTERS/Andrew Kelly/File PhotoA trader works on the trading floor at the New York Stock Exchange in New York City, U.S., April 5, 2024. REUTERS/Andrew Kelly/File PhotoNEW YORK, April 17 - U.S. stocks fell in choppy trading on Wednesday as investors assessed the Federal Reserve's interest rate stance and a batch of soft earnings early in the financial reporting season.

"It's just an excuse for traders to kind of move to the sidelines and markets to kind of take a breath after a really, really strong five months of gains."

 

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