© Reuters. Screens on the trading floor at New York Stock Exchange (NYSE) display the Federal Reserve Chair Jerome Powell during a news conference after the Federal Reserve announced interest rates will raise half a percentage point, in New York City, U.S., December
(Reuters) – Wall Street’s main indexes opened lower on Thursday as the Federal Reserve’s guidance to stick to protracted policy tightening quelled hopes of the rate-hike cycle ending anytime soon.
The fell 193.35 points, or 0.57%, at the open to 33,773.00. The opened lower by 36.95 points, or 0.92%, at 3,958.37, while the dropped 158.26 points, or 1.42%, to 11,012.62 at the opening bell.
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