US STOCKS-Futures drop as Fed fuels global growth concerns

viernes 18 de septiembre de 2015 08:59 GYT
 

* Fed holds rates at near-zero

* Banks lower in premarket trading

* Adobe falls after cutting forecast

* Futures down: Dow 193 pts, S&P 22 pts, Nasdaq 48 pts (Adds details, comment, updates prices)

By Tanya Agrawal

Sept 18 (Reuters) - Wall Street was set to open lower on Friday after the Federal Reserve's decision to hold interest rates exacerbated worries about the health of the global economy.

Apart from the state of the world economy, the Fed cited financial market volatility and sluggish inflation at home in its decision to leave rates unchanged, but left the door open for a modest policy tightening later this year.

"Investors are wrestling with how concerned they should be regarding global growth," said Jeremy Zirin, chief equity strategist at UBS Wealth Management.

"The Fed has introduced a quasi third mandate about the global growth, apart from the labor market and inflation."   Continuación...