The Dow Jones Industrial Average fell 499.18 points, or 0.96 per cent, to 51,494.99. Read more at straitstimes.com. Read more at straitstimes.com.

Wednesday's FOMC decision marks the first with new Fed Chairman Kevin Warsh at the helm of the U.S. central bank.

NEW YORK — The U.S. stock market is wavering Wednesday after several officials at the Federal Reserve indicated they may raise interest rates befor...