Stocks dive after Fed decision

STOCKS in the Asia-Pacific region slumped today following the US Federal Reserve’s decision to lift interest rates.

Stocks dive after Fed decision Stocks dive after Fed decision Stocks dive after Fed decision Stocks dive after Fed decision Stocks dive after Fed decision

Image: iStock/SARINYAPINNGAM

Japanese stocks were down 3.2%, while the ASX 200 lost 1.3%.

"One day's trade doesn't make a trend, but we are seeing is looking more like a bear market," IG market analyst Kyle Rodda said.

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