Wall St. falls after Fed sets stage for Dec rate hike

“The Fed is teasing investors by inserting language to suggest they need just a little bit more evidence of progress towards its objectives," said Brian Jacobsen, chief portfolio strategist at Wells Fargo Funds Management in Menomonee Falls, Wisconsin. The Dow Jones industrial average fell 52.63 points, or 0.29 percent, to 17,984.47, the S&P 500 lost 10.96 points, or 0.52 percent, to 2,100.76 and the Nasdaq Composite dropped 36.67 points, or 0.71 percent, to 5,116.91.