U.S. stocks close lower ahead of inflation data


NEW YORK, Feb. 28 (Xinhua) -- U.S. stocks ended lower on Wednesday, after the Federal Reserve held firm on its decision to hold off cutting U.S. interest rates in the near future.

The Dow Jones Industrial Average fell 23.39 points, or 0.06 percent, to 38,949.02. The S&P 500 declined 8.42 points, or 0.17 percent, to 5,069.76. The Nasdaq Composite Index lost 87.56 points, or 0.55 percent, to 15,947.74.

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