Stock futures are flat after Fed signals no rate hikes until 2023 - CNBC

S&P 500 and Nasdaq 100 futures were also little changed. .

Members of the Federal Open Market Committee indicated the U.S.

overnight rate could stay anchored to the zero-bound through 2023 as the central bank tries to spur inflation.

In a statement, the committee said: "With inflation running persistently below this longer run goal, the Committee will aim to achieve inflation moderately above 2% for some time so that inflation averages 2% over time.".

The S&P 500 and Nasdaq both closed lower and the Dow ended well off its session high.

Big Tech dragged down the S&P 500 and Nasdaq, with Apple, Facebook and Microsoft all closing lower.