The S&P 500 and Dow industrials ended lower on Thursday, giving up a 1-per cent rally in a choppy session, as investors struggled to interpret the Fed's decision.
US stocks briefly climbed to new session highs before turning lower in volatile trading on Thursday after the Fed held off from raising interest rates.
Wall Street gave up a more than 1 per cent rally on Thursday as investors struggled to interpret the Fed's decision to hold off on raising interest rates.
Observers of the Fed see the outcome as a close call given some upbeat recent U.S. data but persistent economic risks as well, such as a slowdown in China.
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