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US stocks slipped on Thursday, failing to build on a Wednesday rally fueled by reassuring signals from Federal Reserve Chair Jerome Powell after the central bank held interest rates steady.
The Nasdaq Composite (^IXIC) fell about 0.3%, while the S&P 500 (^GSPC) declined by 0.2% and the Dow Jones Industrial Average (^DJI) ended the session just below the flat line. All three major averages saw gains earlier in the trading day before ultimately losing steam.
DJI - Delayed Quoteâ¢USD
(^DJI)
...
>>> Read more: Stock market today: Dow, S&P 500, Nasdaq fall after Fed-fueled rally stalls
The Nasdaq Composite (^IXIC) fell about 0.3%, while the S&P 500 (^GSPC) declined by 0.2% and the Dow Jones Industrial Average (^DJI) ended the session just below the flat line. All three major averages saw gains earlier in the trading day before ultimately losing steam.
DJI - Delayed Quoteâ¢USD
(^DJI)
...
>>> Read more: Stock market today: Dow, S&P 500, Nasdaq fall after Fed-fueled rally stalls