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Bolsa, mercados y cotizaciones

Wall Street zigzags and falls after Fed statement


    NEW YORK (Reuters) - U.S. stocks initially turned positive then fell in volatile trade on Wednesday after the Federal Reserve said it will buy $600 billion in government bonds by mid-2011 in hopes of boosting the ailing economy.

    The Dow Jones industrial average dropped 68.49 points, or 0.61 percent, to 11,120.23. The Standard & Poor's 500 fell 7.50 points, or 0.63 percent, to 1,186.07. The Nasdaq Composite lost 17.69 points, or 0.70 percent, to 2,515.83.

    Analysts said an injection of around $500 billion had already been priced into equities and other markets.

    (Editing by Jeffrey Benkoe)