The three major U.S. stock indices fell over 1% on the day of the Federal Reserve's interest rate decision

According to Gate market data, U.S. stocks closed lower on Wednesday, with all three major indices falling over 1%. The Dow Jones Industrial Average initially fell by 1.6%, the S&P 500 index dropped by 1.36%, and the Nasdaq Composite index decreased by 1.46%. SanDisk (SNDK.O) rose over 4%, Amazon (AMZN.O) fell by 2.4%, and both Microsoft (MSFT.O) and Apple (AAPL.O) dropped by about 1.5%. The Nasdaq China Golden Dragon Index closed down by 2%, Alibaba (BABA.N) fell over 1%, and Kingsoft Cloud (KC.O) rose by 12%.