US Stocks Close Lower After Fed's Latest Meeting

iStock/Thinkstock(NEW YORK) — Wall Street closed in the red on Thursday following the Federal Reserve’s latest meeting and weak Chinese economic reports.

The Dow dropped 45.26 (-0.25 percent) to finish at 18,098.94.

The Nasdaq fell 25.33 (-0.49 percent) to close at 5,213.33, while the S&P 500 finished at 2,132.55, down 6.63 (-0.31 percent) from its open.

Crude oil climbed about half of a percent with prices hitting just over $50 a barrel.

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