Stocks ended mostly lower after a volatile day as traders tried to figure out what was next for U.S. interest rates. The bumpy trading came after the Federal Reserve decided to keep interest rates low for now, citing weakness in the global economy and unsettled financial markets.
The Dow Jones industrial average lost 65.21 points, or 0.4 per cent, to 16,674.74.
The Standard & Poor’s 500 index fell 5.11 points, or 0.3 per cent, to close at 1,990.20.
The Nasdaq composite rose 4.71 points, or 0.1 per cent, to 4,893.95.
For the week:
The Dow is up 241.65 points, or 1.5 per cent.
The S&P 500 index is up 29.15 points, or 1.5 per cent.
The Nasdaq is up 71.61 points, or 1.5 per cent.
For the year:
The Dow is down 1,148.33 points, or 6.4 per cent.
The S&P 500 index is down 68.70 points, or 3.3 per cent.
The Nasdaq is up 157.89 points, or 3.3 per cent.