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Fed’s Decisions Digestion Pull Wall Street lower

US stocks are digesting Fed’s decisions after the  positive kneejerk reaction, which led to the decline of most New York Stock Exchange indices.

The Dow Jones Industrial Average fell to 35578 points, after adding about 327 points, or 1.00%. S&P500 fell to 4,649 points, losing about 19 points, or 0.4%.

Nasdaq, on the other hand, rose to 15,216 points, adding about 39 points, or 0.3%.

Investors are likely to realize the risk imposed by Fed’s decisions announced last Wednesday as they are to push US borrowing costs higher, which is harmful to the trading environment.

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