Stock market live updates: Dow up 200, Fed projects years of low rates, Snowflake doubles in massive IPO

Updated Wed, Sep 16 20202:09 PM EDT

The Dow and S&P 500 were both higher on Wednesday as traders awaited the lastest monetary policy announcement from the Federal Reserve. The Nasdaq struggled, however, as shares of major tech companies such as Amazon and Apple dropped. Investors also kept an eye on the IPO market as cloud company Snowflake doubled its value in its trading debut.

Leave a Reply

Back to top