Stock market news live updates: Stocks fall after rally, as traders digest Fed decision

U.S. stocks sank Thursday, giving back gains after a rally on Wall Street on Wednesday, as traders continued to contemplate the Federal Reserve’s latest monetary policy decision. The S&P 500, Dow and Nasdaq dropped sharply. Tech stocks underperformed, and the Nasdaq sank by 5% in its worst day since June 2020. The Dow shed more…