US STOCKS-Wall St ends flat after Fed's rate decision

Newswire

(Updates to close) By Kristina Cooke NEW YORK, June 28 (Reuters) - U.S. stocks finished Thursday about where they started it after the Federal Reserve said it sees moderate economic growth over coming quarters but signaled it remains concerned about inflation. The Nasdaq closed slightly higher, boosted by communications equipment and semiconductor stocks, which rose after brokerage upgrades of Cisco Systems Inc. and Intel Corp. . The Fed left the benchmark U.S. interest rate at 5.25 ...

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