US stocks ended mostly lower on Wednesday after the Federal Reserve raised interest rates for the first time in more than three years and Chair Kevin Warsh warned that inflation remained persistently high. The Dow Jones Industrial Average dropped 631.33 points, or 1.21%, to 51,461.78. The S&P 500 declined 33.92 points, or 0.45%, to 7,551.81, while the Nasdaq Composite was nearly flat at 25,978.43.
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