Stock Market Today: Dow Jones Industrial Average Falls on Fed Worries

In the stock market today, all three major U.S. indices closed lower as concerns that the U.S. Federal Reserve might raise rates sooner than expected continued to weigh on traders' minds.

At the closing bell, the Dow Jones Industrial Average fell 4.76 points to finish at 16,264.23. The Nasdaq dropped 22.35 points finish at 4,151.23, while the S&P 500 slid 3.52 to close at 1,849.04. Meanwhile, gold prices fell $8.70 to close at $1,294.70 – below the $1,300 threshold for the first time in six weeks.

Here's a recap of other major events today.

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