Stock market today: Dow, S&P 500, Nasdaq slide as Federal Reserve holds rates steady
US stocks fell on Wednesday after the Federal Reserve voted to hold rates steady, in a widely anticipated decision.
The Fed decision following a 2-day policy meeting received one dissent from governor Stephen Miran, who favored a rate cut.
Also on Wednesday, government data showed wholesale inflation showed accelerated 0.7% month-over-month in February before the effects of the Middle East conflict gripped markets this month. The PPI reading weighed on markets already bracing for the Fed’s policy decision along with comments from Chair Jerome Powell on the potential of a pickup in inflation amid surging oil prices.
Daily Market Coverage Mar. 18, 2026 3PM-5PM (ET) | Yahoo Finance
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