(CNBC) U.S. stocks closed mixed Thursday as investors digested the Federal Reserve's rate hike decision and Fed Chair Yellen's press conference. ( Tweet This )
The Dow Jones industrial average and S&P 500 closed lower, while the Nasdaq Composite eked out mild gains. The major indices gave back gains of more than 1 percent from session highs, amid Yellen's press conference.
Stocks initially fluctuated between slight gains and losses in the minutes after the Fed statement showed the central bank kept interest rates unchanged.
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