S&P 500 finishes down 1.6%
The S&P 500 finished down 32 points to 1958 as markets brushed aside a dovish Fed decision and dumped stocks.
The knee jerk rally after the Fed to 2020 in the index was obliterated in late trading Thursday and week gain erased. The S&P 500 was down 0.1% on the week and the big reversal on the chart is a bearish signal.