Stock Market Today, Sept. 16: Stocks Slip as Fed Raises Rates

U.S. equities declined after investors processed the first interest-rate hike in three years: the Dow fell 1.21% to 51,462, the S&P 500 lost 0.45% to 7,551, and the Nasdaq Composite slipped 0.01% to 25,978. The reaction signals broad risk-off positioning, with rate-sensitive market concerns weighing most heavily on blue-chip stocks.