US stocks closed significantly lower

New York, July 30 / WAM / The three main indices on the American Wall Street Stock Exchange concluded trading on Wednesday, with a significant decline after the Federal Reserve (the US central bank) kept interest rates unchanged.

The Standard & Poor’s 500 Index fell by 111.36 points, or 1.50%, to 7,317.42 points, and the Nasdaq Composite Index fell by 420.02 points, or 1.68%, to 24,460.08 points.

The Dow Jones Industrial Average fell 1,129.03 points, or 2.14%, to 51,618.29 points.

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