The Federal Reserve held interest rates steady but trimmed its economic growth forecast which sent the markets down to a lower close with the Dow falling 34 points to 17,640. Nasdaq lost 8 points to 4,834.
On the upside
Shares of Helios and Matheson Analytics (Nasdaq: HMNY) surged on no news.
TravelCenters of America (NYSE: TA) rejected an acquisition offer from Golden Gate Capital.
Ebix offered a premium of %9.50 per share to buy Patriot National (NYSE: PN).
On the downside
Investors locked in profits on Cray (Nasdaq: CRAY).
Rumors that Perrigo (NYSE: PRGO) may be acquired faded.
Shares of Global Blood Therapeutics (Nasdaq: GBT) fell for the fourth day.
In the broad market, advancing issues outpaced decliners by a margin of more than 3 to 2 on the NYSE and by more than 10 to 9 on Nasdaq. The broader S&P 500 lost 3 points to 2,071. Bitcoin rose $2 to $682.
