After the Federal Reserve raised interest rates for the first time in 2016—and only the second in a decade—the stock market is experiencing volatile trading on Wednesday.

The Dow Jones Industrial Average, which is famously on the road to 20,000, is down almost 140 points, or 0.70%, to 19,771.93 as of 3:17 PM EST. The S&P 500 is down almost 22 points, or 0.91%, to 2,250.44, while the Nasdaq is down over 32 points, or 0.58%, to 5,431.82.

Utilities and energy are lagging as well, with crude oil down 3.6% to $52 per barrel. Gold is down 0.89% in late afternoon trading, while silver is up a slight 0.05%.

Some stocks that are feeling the effects of the hike include Dow components Caterpillar (CAT Quick QuoteCAT - Free Report) , down 2.21%, Exxon Mobil (XOM Quick QuoteXOM - Free Report) , down 1.8%, and 3M (MMM Quick QuoteMMM - Free Report) , down around 1%.

America’s central bank hiked interest rates from 0.25%-0.50% to a range of 0.50%-0.75%. The vote for the raise was unanimous, and the Federal Open Market Committee also indicated a higher rate than what was forecasted back in September, when it last released the quarterly look ahead. The FOMC now projects three rate hikes next year, two to three in 2018, and three in 2019.

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