U.S.markets ended the session broadly lower, giving up earlier gains following the Federal Reserve’s move to raise the benchmark interest rate. The choppy session was less volatile than the past two but the lack of leadership and sector rotation remains a concern.
The Nasdaq gave back 0.3% after trading up to 7,412 but was unable to hold near-term resistance at the 7,400 level for a third-straight session.
The Dow declined 0.2% despite making a run towards resistance at 25,000 after reaching a peak of 24,977.
The S&P 500 stumbled 0.2% following a late session push to 2,739 before holding the 2,700 for the third-straight session into the closing bell.
The Russell 2000 bucked the trend after rising 0.2% while reaching an intraday peak of 1,587.
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