The S&P 500 and Dow slipped on Wednesday as gains in Apple shares were offset by a drop in energy and industrial companies, while the U.S. Federal Reserve remained on course for an expected interest rate hike in September. The central bank left rates unchanged, and reiterated its view that the U.S. economy is growing and the job market is strengthening, and inflation continues to hover near the Fed’s 2 percent target since it last raised rates in June. “The Fed demonstrated that they are willing to let the economy run a little hot as long as they …read more
Source:: Yahoo Finance
