Stocks tumble as Fed holds rates steady and corporate earnings disappoint

pulse

May 2, 2018 9:12 PM

Stocks slid on Wednesday, after the Fed left interest rates unchanged despite climbing inflation and some corporate earnings missed analyst expectations.

Stocks slid on Wednesday, as the Federal Reserve left interest rates unchanged despite climbing inflation. The Dow Jones industrial average shed more than 150 points, dragged lower after disappointing earnings from Unum Group and Molson CoorsThe 10-year Treasury yield held below 3%.

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Here is Thursday's economic calendar

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