Goldman Sachs led the 30-stock Dow to end the day down 141.71 points at 25,745.67. The S&P 500 closed 0.3 percent lower at 2,824.23. The Nasdaq Composite eked out a gain, closing 0.1 percent higher at 7,728.97.
The Fed forecast no rate hikes in 2019, and that is down from two hikes forecast earlier. The central bank also indicated it intends to end the reduction of its massive $4.2 trillion balance sheet by September. However, the Fed also trimmed its economic growth forecast for 2019.
· Shares in Asia traded higher on Thursday morning after the U.S. Federal Reserve announced overnight that it was keeping interest rates on hold, and indicated that no more rate hikes would be coming in 2019.
The broad MSCI Asia-ex Japan index rose 0.37 percent to 531.11, as of 8:15 a.m. HK/SIN.
In South Korea, the Kospi advanced 0.94 percent in early trade as chipmaker SK Hynix jumped more than 4 percent.
Japanese stock markets were closed on Thursday for a holiday.
Reference: CNBC
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