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US STOCKS SNAPSHOT - Wall St briefly pares losses after Fed
May 1, 2013 / 6:06 PM / in 4 years

US STOCKS SNAPSHOT - Wall St briefly pares losses after Fed

NEW YORK, May 1 (Reuters) - U.S. stocks briefly pared losses on Wednesday after the Federal Reserve said it will maintain its stimulus plan at the conclusion of a two-day policy meeting.

The Dow Jones industrial average dropped 106.52 points, or 0.72 percent, to 14,733.28. The Standard & Poor’s 500 Index lost 10.77 points, or 0.67 percent, to 1,586.80. The Nasdaq Composite Index declined 23.06 points, or 0.69 percent, to 3,305.73.

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