Dow Jones Futures: Market Sells Off On Hawkish Fed; What To Do Now

Dow Jones futures edged lower after hours, along with S&P 500 futures and Nasdaq futures. X The stock market retreated after the Federal Reserve meeting, with the S&P 500 and Nasdaq breaking below critical levels. The Fed stuck with forecasts for one more rate hike this year and indicated that rates would stay higher for longer. However, Fed chief Jerome Powell said the central bank will “proceed carefully.” Nvidia (NVDA), Google parent Alphabet (GOOGL), Meta Platforms (META) and Tesla (TSLA) retreated. Those Magnificent Seven members are among the biggest S&P 500 winners in 2023. Meanwhile, Celsius (CELH), one of the…