Big swing
The S&P 500 is down 30 points on the day and nearly 60 points since the FOMC decision. That's the worst hit to the market on a Fed decision in a few years.
Powell had a few dovish hints but he's not bowing to 'financial conditions' which is basically code for the stock market.
Along with the drop in stocks, commodity currencies are at the lows of the day.
If today's losses last into the close then the drawdown will be worse than 2016.
