NEW YORK (Reuters) - U.S. stocks retreated slightly on Thursday in the wake of the Federal Reserve's surprise decision to keep its stimulus intact, which had lifted the S&P 500 to a record high.
The Dow Jones industrial average was down 40.39 points, or 0.26 percent, at 15,636.55. The Standard & Poor's 500 Index was down 3.18 points, or 0.18 percent, at 1,722.34. The Nasdaq Composite Index was up 5.74 points, or 0.15 percent, at 3,789.38.
The Nasdaq was kept in positive territory by Apple Inc shares, which rose 1.6 percent.
(Reporting by Ryan Vlastelica; Editing by Nick Zieminski)
You’ve reached your limit of {{free_limit}} free articles this month.
Subscribe now for unlimited access.
Already subscribed? Log in
Subscribe to read the full story →
Smart Quarterly
₹900
3 Months
₹300/Month
Smart Essential
₹2,700
1 Year
₹225/Month
Super Saver
₹3,900
2 Years
₹162/Month
Renews automatically, cancel anytime
Here’s what’s included in our digital subscription plans
Exclusive premium stories online
Over 30 premium stories daily, handpicked by our editors
Complimentary Access to The New York Times
News, Games, Cooking, Audio, Wirecutter & The Athletic
Business Standard Epaper
Digital replica of our daily newspaper — with options to read, save, and share
Curated Newsletters
Insights on markets, finance, politics, tech, and more delivered to your inbox
Market Analysis & Investment Insights
In-depth market analysis & insights with access to The Smart Investor
Archives
Repository of articles and publications dating back to 1997
Ad-free Reading
Uninterrupted reading experience with no advertisements
Seamless Access Across All Devices
Access Business Standard across devices — mobile, tablet, or PC, via web or app