Stocks end mostly lower as rate-hike jitters return

Stocks end mostly lower as rate-hike jitters return


U.S. stocks ended mostly lower Wednesday, feeling pressure after the Bank of Canada unexpectedly raised interest rates after a long pause, sparking concern the Federal Reserve also might not be done tightening policy. The Dow Jones Industrial Average
DJIA,
+0.27%
shook off the gloom to rise around 93 points, or 0.3%. But the rate-sensitive Nasdaq Composite
COMP,
-1.29%
slumped 1.3%, while the S&P 500
SPX,
-0.38%
shed 0.4%.



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