Inheritance of shares
The Dow Jones Industrial Average fell 370.46 points, or 1.08 percent, to 34070,42.<>.
The S&P 500 index fell 72.2 points, or 1.64 percent, to 4330,<> points.
The Nasdaq Composite fell 245.14 points, or 1.82 percent, to 13223,99.<>.
As expected, the US Federal Reserve kept interest rates unchanged, but hardened its stance on monetary tightening, as it is expected to raise interest rates again by the end of the year, and tighten monetary policy until 2024 more than previously expected.
The central bank said in a statement that the Federal Open Market Committee's decision to keep the key lending rate between 5.25 percent and 5.50 percent gives officials time to "assess additional information and its implications for monetary policy."