During the day, the US central bank, the Federal Reserve, announced that the key interest rate will be left unchanged.
The Fed signals that there may be another interest rate increase before the end of the year. But investors are most worried that according to the Fed’s forecast, only two interest rate cuts are expected next year, as opposed to the four that were announced in June.
The Dow Jones industrial index fell 0.2 percent, the broad S&P 500 retreated 0.9 percent and the technology-heavy Nasdaq composite index fell 1.5 percent.
Textron, whose subsidiary Textron Aviation manufactures private aircraft, presented a deal in which Netjets gets an option to buy up to a thousand private jets over the next 15 years. Textron’s share rose 4.9 percent.
Cosmetics company Coty rose 4.5 percent since the company raised its forecast for the year.