Stock market today: Dow sinks 750 points, S&P 500, Nasdaq slide after Fed decision as Powell touts inflation worries

US stocks sank on Wednesday after the Federal Reserve voted to hold rates steady, while Chair Jerome Powell expressed concerns over progress on inflation. The Dow Jones Industrial Average (^DJI) lost roughly 1.6%, or over 750 points, giving up gains for the week to notch its lowest close since November. The S&P 500 (^GSPC) dropped 1.3%, also touching its lowest level since November. The tech-focused Nasdaq Composite (^IXIC) fell over 1.4%. The Fed decision following a two-day policy meeting received one ...