U.S. stocks slip after Fed raises rates for first time in years
U.S. stocks fell and Treasury yields rose to more multiyear highs after the Federal Reserve raised rates for the first time in more than three years. The Dow fell 631.21 points (1.21%) to 51,461.90 as tech steadied near the close.
S. stocks fell and Treasury yields climbed to multiyear highs after the Federal Reserve raised rates for the first time in more than three years. Technology shares steadied near the close. 90.