U.S. stocks close lower as Fed pauses rate cut

NEW YORK, Jan. 29 (Xinhua) -- U.S. stocks ended lower on Wednesday, as investors reacted to the Federal Reserve's decision to keep interest rates unchanged and its cautious tone on future rate cuts.

The Dow Jones Industrial Average fell 136.83 points, or 0.31 percent, to 44,713.52. The S&P 500 sank 28.39 points, or 0.47 percent, to 6,039.31. The Nasdaq Composite Index shed 101.26 points, or 0.51 percent, to 19,6