Lower close as Fed ends QE

The markets closed lower with the Dow losing 31 points to 16,974 after the Federal Reserve ended its bond buying program. Nasdaq fell 15 points to 4,549.

On the upside

Radcom (Nasdaq: RDCM) reversed year ago losses to post a profit for the third quarter as revenue soared.

USANA Health Sciences (NYSE: USNA) reported higher third quarter earnings and revenue.

Amedisys (Nasdaq: AMED) swung to a greater than expected profit for the third quarter prompting an upgrade.

On the downside

Barrett Business Services (Nasdaq: BBSI) fell to a loss for the third quarter.

Facebook (Nasdaq: FB) reported sharply higher third quarter earnings and revenue but the company forecast disappointing fourth quarter results and warned of higher expenses in 2015.

Compass Point downgraded AmTrust Financial Services (Nasdaq: AFSI) from a Buy rating to a Neutral rating.

In the broad market, declining issues outpaced advancers by a margin of more than 9 to 7 on the NYSE and by more than 10 to 9 on Nasdaq. The broader S&P 500 slipped 2 points to 1982. Bitcoin held steady at $336.
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