Tableau Tumbles on Oracle Outlook; Stocks Slip on Rates Confusion

Tableau Software (DATA) stumbled Thursday after competitor Oracle (ORCL) reported a drop in sales and lowered its revenue outlook. Analysts note demand in the database business continues to look soft in the near future. Investors couldn't decide what to make of the Federal Reserve's decision to stand pat on rates. Shortly after the announcement, stocks turned negative, before soaring to above 1%, then closing modestly lower. The central bank left the Fed funds rate near zero in what was one of the most widely-anticipated Fed meetings in years. However, most Fed members expect to raise rates this year, Fed Chair Yellen said in a press conference. Interest rates will likely close out the year at 0.40%, according to the Fed's dot plot forecast.