US markets, it was a volatile session after Bernanke’s move. Stocks however cut losses in later trade. The major averages took on mild declines in a day of tight-range trading, initially slipping after a Fed policy announcement, regaining ground on hopes that the central bank was laying the groundwork for more monetary easing, then fizzling after the Bernanke news conference.
Dow Jones Industrial Average closed flat at 12824.39. Nasdaq Composite ended at 2930.45, while Standard & Poor’s 500 closed down at 1355.69.
Epic U.S. Markets Update
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