Stocks close flat after fed comments
NEW YORK — U.S. stocks ended a volatile session mostly flat on Friday as investors digested comments from Federal Reserve officials that raised questions about how quickly the central bank will end its stimulus program.
Wall Street opened higher but subsequently pared gains after Philadelphia Fed President Charles Plosser said the Fed faced “immense” challenges now that it had reduced bond-buying, and that it needed to be cognizant of a potential rapid rise in future inflation.
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