U.S. Markets closed

Stocks slide as investors digest Fed decision

Stocks (^DJI^GSPC^IXIC) are down, with the Materials sector (XLB) the most in the green, and the Consumer Staples sector (XLP) the most in the red. Seana Smith joins us live from the floor of the New York Stock Exchange to talk markets. To discuss the other big stories of the day, Yahoo Finance’s Adam Shapiro and Julie Hyman are joined by Dan Roberts, Mattie Duppler, Myles Udland, Brian Sozzi, Scott Gamm, Zack Guzman, and Melody Hahm. Also joining the show: Blackberry CEO John Chen, Major League Soccer Commissioner Don Garber, Fairlead Strategist Founder & Managing Partner Katie Stockton, Equiteq CEO David Jorgenson, Piershale Financial Group wealth advisor Ben Barzideh, Challenger, and Gray and Christmas VP Andrew Challenger. 

 

After the Fed voted unanimously to raise short term rates, the markets are expected to react accordingly. Yahoo Finance’s Alexis Christoforous and Brian Cheung discuss what we could be seeing in Wall Street.