Allgemeines » The financial market's reaction to the F

By Xinhua Writer Sun Oumeng


NEW YORK Wholesale NFL Football Jerseys , Sept. 20 (Xinhua) -- U.S. stocks wavered in a narrow range on Wednesday, with the Dow and S&P 500 closing at record highs, after the Federal Reserve announced that it will start to unwind its 4.5-trillion-U.S.-dollar balance sheet from October, a further step to end the loose monetary policy.


The Dow Jones Industrial Average added 41.79 points, or 0.19 percent, to 22,412.59. The S&P 500 inched up 1.59 points Wholesale Football Jerseys , or 0.06 percent, to 2,508.24.


Many analysts said the central bank's announcement wasn't very surprising, and financial markets seemed steady after the statement.


The financial market's reaction to the Fed's latest decision was relatively muted as the announcement was generally in line with Wall Street's expectations, Omair Sharif, senior U.S. Economist at Societe Generale, told Xinhua Wednesday.


He also mentioned an October start date by the Fed has a few advantages. After the Fed's announcement Wholesale Nike NFL Jerseys , shares of many big banks were al

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