US stocks close mixed with Nasdaq near record as investors weigh new Fed guidance

US stocks close mixed with Nasdaq near record as investors weigh new Fed guidance

US stocks closed mixed on Thursday as investors digested the Federal Reserve's accelerated interest-rate hike guidance. The Nasdaq closed near a record high, while the Dow Jones Industrial Average and the S&P 500 were down on the day. Based on new projections from the Federal Open Market Committee, the US central bank . "Overall, we characterize this meeting as being slightly hawkish, but not overly so, given the committee acknowledged the improving economic conditions, but remained steadfast on its approach to recent inflation data," Calvin Norris, US rates strategist at Aegon Asset Management, said in a statement. Norris added that the eventual tapering of its quantitative easing purchases after " " has been made in the economy. The benchmark 10-year Treasury yield edged lower to 1.518% from Wednesday's 1.569%. On Wednesday, all three major stock indexes closed lower following the FOMC announcement. could be thanks to the army of retail traders that have pushed the share price to dizzying highs. But might have just missed the cutoff. In the digital asset space, was trading slightly lower by 3.35% to $37,796. The cryptocurrency has been trading sideways following the but reclaimed . Last month's massive selloff slashed bitcoin's market capitalization by