Stock Market Today, March 18: Fed Leaves Rates Unchanged, and Markets Fall on Inflation Fears

The S&P 500 (SNPINDEX:^GSPC) fell 1.36% to 6,624.70, the Nasdaq Composite (NASDAQINDEX:^IXIC) lost 1.46% to 22,152.42, and the Dow Jones Industrial Average (DJINDICES:^DJI) dropped 1.63% to 46,225.16 after the Federal Reserve highlighted inflation concerns. Market movers Energy stocks pushed upwards in intraday trading as oil prices spiked. Chevron (NYSE:CVX) inched up 0.32% to finish at $198.61, but Exxon Mobil (NYSE:XOM) could not hold its gains, closing down 0.77% at $157.59. Macy's (NYSE:M) surged on ...