Stocks Slip as Investors Await a Fed Decision and More Earnings

shares slumping 3.7%, after the South Korean memory-chip maker’s net profit missed consensus.

Late afternoon the Federal Open Market Committee wrapped up its two day meeting and said it plans to keep interest rates near zero and said it plans to continue to buying bonds to the tune of $120 billion a month.

Yields were in the spotlight again as the yield on the10-year Treasury note slipped to 1.621%, down slightly from Tuesday, after the Fed’s statement was released.

shares climbed 3%, after the parent of Google reported a profit that nearly doubled Wall Street expectations, while sales were also a solid beat.

Shares climbed 11.1%, with analysts at Citigroup noting it was the best quarter for Deutsche Bank in eight years.

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