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The Boston Globe

Business

On a chaotic day, Fed’s announcement, trading glitches push stocks lower

An accidental flooding of the market with automated trades. The Fed’s ambiguous statement. Mixed corporate and economic data. By the time it was over, indexes were down for a third straight day. Many went home unhappy the Fed did not do more; it said the economy has lost steam but merely pledged to take further steps in the future, if need be.