How the Dow Jones average fared Wednesday

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U.S. stocks closed mixed Wednesday after the Federal Reserve said the economy was strengthening enough for the central bank to continue cutting its stimulus. Bond yields rose after the government reported that the U.S. economy grew at a robust annual rate of 4 percent this spring.

The Dow Jones industrial average slipped 31.75 points, or 0.2 percent, to close at 16,880.36.

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