WALL STREET
WALL STREET IB TIMES

U.S. stocks fell after the Federal Reserve signaled that there is plenty of room for interest-rate increases that will be used to fight inflation.

The Dow Jones Industrial Average fell 129.64 to 34,168.09.

The Standard & Poor's 500 Index dropped 6.52 to 4,349.93.

The NASDAQ Composite Index rose 2.83 to 13,542.12.