Federal Reserve implemented a 25bp rate hike; US major indices closed lower on Wednesday. Dow fell 1.2%, S&P 500 down 0.44%, Nasdaq down 0.01%. Intel rose 4%, SpaceX gained 5%, while Goldman Sachs and Boeing slid nearly 4% each. Nasdaq Golden Dragon China Index fell 0.55%; iQIYI jumped 8%, Alibaba dropped 2%.

2026-09-17

Federal Reserve implemented a 25bp rate hike; US major indices closed lower on Wednesday. Dow fell 1.2%, S&P 500 down 0.44%, Nasdaq down 0.01%. Intel rose 4%, SpaceX gained 5%, while Goldman Sachs and Boeing slid nearly 4% each. Nasdaq Golden Dragon China Index fell 0.55%; iQIYI jumped 8%, Alibaba dropped 2%.