The S&P 500 rose for the two
days before the Fed decision on confidence that current stimulus would be left
in place even if Bernanke nods at the need to begin reducing bond purchases
later in the year.
The Dow Jones industrial
average was down 205.96 points, or 1.34 percent, at 15,112.27. The Standard
& Poor’s 500 Index was down 22.89 points, or 1.39 percent, at 1,628.92.
The Nasdaq Composite Index was down 38.98 points, or 1.12 percent, at
3,443.20.
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