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The declines were part of a broad fall in mining stocks as commodity prices slipped.
A broad fall in real estate prices creates acute problems for many people and businesses because they must continue to meet the payments on their mortgages, even as their investments lose value.
Some investors had been betting that the Fed would sound the all-clear on inflation, and the outcome of today's meeting led to a broad fall in stock prices from their levels just before the committee's statement was released about 2 15 p.m.
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That helped fuel a broad decline in the Nasdaq composite index, which fell 8percentt.
Shares in Bank of America fell 2percentt on Friday, to $38.50, amid a broad decline in the market.
It is the first temporary exhibition since The Broad opened last fall, and is dedicated to Cindy Sherman --an artist whosElirt Eli and Edythe Broad fell in love with forty years ago, and whose photographic "self portraits" they have been collecting in depth throughout the years.
A precipitous decline in the stock prices of Internet auto retailers, mirroring the broader fall in Internet stocks, has removed some of the sense of urgency about setting up the new venture.
Wall Street evidently thought better of Capital One: shares of the lender rose 4.5% after the announcement before being brought down by the broader fall in the markets to finish up one cent at $12.57.
When wearing his professional economist hat, what Friedman really argued was that the Fed could easily have prevented the Great Depression with policy activism; if only it had acted to prevent a big fall in broad monetary aggregates all would have been well.
However, the decline in factory output is a broad trend, indicated by a steep fall in the US manufacturing PMI on Sunday to its lowest level since 2009 and stagnation in China and much of Europe.
England were not moved to report the incident to the ICC, but the world governing body's chief executive, Dave Richardson, laid a charge himself and Lehmann pleaded guilty to "publicly criticising and making inappropriate comments" about Broad, falling foul of article 2.1.7 in the ICC's code of conduct.
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