Evening Market Recap - Wednesday, 20-Sep

US equities finished lower in Wednesday trading, moving toward their worst levels following today's Fed meeting, with the Dow Jones, S&P500, and Nasdaq finishing down 22bps, 94bps, and 153bps respectively. No surprise as FOMC left rates unchanged at 5.25-5.50%. Also as expected, the median dot for 2023 continued to show one more rate hike. Klaviyo’s IPO priced at $30/sh.