The Dow and broader U.S. stock market reversed gains Wednesday after the Federal Reserve initiated its long-awaited interest-rate cut – but not without some dissension. Dow Plunges; S&P 500, Nasdaq Follow All three major U.S. indexes were trading slightly higher ahead of the Federal Reserve’s policy statement, which was released at 2:00 p.m. ET. An […]
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Source: https://www.ccn.com/dow-crashes-as-fed-goes-to-battle-over-interest-rates/