Ford Motor Co. has one its best quarters on record, but the stock falls more than 3% in the extended session Wednesday after auto maker lowers guidance and says chip shortage will sting more.
Gold futures register a back-to-back loss on Wednesday, pressured by a rise in U.S. Treasury yields, then make only modest moves after the Federal Reserve left benchmark interest rates unchanged and said it would continue with its asset purchases.
Stocks briefly bounced higher Wednesday, but then headed lower after the Federal Reserve opted to keep benchmark rates low and policy accommodative at the conclusion of its two-day meeting, despite rising inflation.