(GAZETTE WIRE) - NEW YORK — Wall Street reacted with caution today following the Federal Reserve's latest announcement on interest rates. While the Fed held rates steady, the language in the statement suggested that rate cuts might be delayed until later in the year. The Dow Jones Industrial Average fell 150 points, while the tech-heavy Nasdaq remained flat.

This report was aggregated from multiple sources including the WSJ. The Rapid City Gazette is committed to providing concise summaries of the news affecting our community.