U.S. stocks fall after Fed raises rates for first time in four years
The Dow Jones Industrial Average fell nearly 1,000 points on Thursday, its lowest level in three years as the Federal Reserve raised rates for the first time since February 2009.
The Dow was off 1,200 points at 16,849.
The S&P 500 dropped more than 3%, while the Nasdaq gained 1.3%.
The Dow and S&P both fell more than 1,400 points in a single day.
The Dow lost more than 6% Thursday morning.
The Standard & Long 500 fell 3.2%.
The Nasdaq lost more 1.2% Thursday.
The Nasdaq fell 3%.
The S&s lost more 3.5%.
The FTSE 100 fell more 3%.
Britain’s FTSL 250 added more than 2%.
The British pound fell 0.1%.
The German mark fell 0