Fed Speaks, Market Wan

The Federal Reserve conformed to the betting line and left short-term interest rates unchanged. Markets rebounded from a morning drop, but the overall response: the Dow was down 20 to 7971 in mid-afternoon trading. The Nasdaq sank 2 to 1692.

The Federal Reserve conformed to the betting line and left short-term interest rates unchanged. Markets rebounded from a morning drop, but the overall response: the Dow was down 20 to 7971 in mid-afternoon trading. The Nasdaq sank 2 to 1692.