- Market recap: Stocks slid, clawed back to breakeven, then sold aggressively into the close as the Fed's most recent policy meeting failed to derail expectations for an early pullback in stimulus (I, II, III).
- The Dow closed below 15,000 for the first time since July 3; the S&P ended negative, dragged by utilities and financials; techs held up relatively well.
- Yields on the benchmark 10-year Treasury hit a fresh session high of 2.884% following the minutes before closing at 2.86%.
- The dollar rose against most major currencies; already-battered emerging market currencies weakened further.
- "Bottom line: Wall Street traders are angry and confused by today's release."
Stocks stumble late as Fed taper sinks in, Dow closes below 15K
ETF Screener: Search and filter by asset class, strategy, theme, performance, yield, and much more
ETF Performance: View ETF performance across key asset classes and investing themes
ETF Investing Guide: Learn how to build and manage a well-diversified, low cost ETF portfolio
ETF Selector: An explanation of how to select and use ETFs