It was a wild and scary day on Wall Street. And even the closing bell couldn’t stem the bleeding.The S&P 500 finished the day 1.5 per cent lower, but even that sharp little fall – as nasty as it is – doesn’t quite capture the drama of Wednesday night. The market surged as the Federal Reserve held rates steady, and then plunged anew as the bond market delivered a withering assessment of the new Federal Reserve chairman Kevin Warsh.Subscribe to gift this articleGift 5 articles to anyone you choose each month when you subscribe.Subscribe nowAlready a subscriber? Fetching latest articles