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Stocks fall sharply after the Fed's first rate cut in more than 10 years

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The Fed lowered its benchmark interest rate on Wednesday, but investors were left cold by comments suggesting further easing may not be coming.

The S&P 500 fell as much 1.8% after the Federal Reserve cut its benchmark interest rate for the first time since the financial crisis. The Fed lowered rates a quarter point to a range of 2% to 2.25%. Chairman Jerome Powell said the cut was a"mid-cycle adjustment," suggesting the decision may not be followed by other cuts in the future. Visit the Markets Insider homepage for more stories. US stocks dropped by as much as 1.

The S&P 500 fell as much 1.8% after the Federal Reserve cut its benchmark interest rate for the first time since the financial crisis. The Fed lowered rates a quarter point to a range of 2% to 2.25%. Chairman Jerome Powell said the cut was a"mid-cycle adjustment," suggesting the decision may not be followed by other cuts in the future. Visit the Markets Insider homepage for more stories. US stocks dropped by as much as 1.

 

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Stocks edge lower on mega-cap tech losses as investors await the FedBoth the S&P 500 index and Nasdaq composite fell in US trading on Monday, while the Dow Jones Industrial average edged higher. Aye right. If only things were so simple.
แหล่ง: BusinessInsider - 🏆 729. / 51 อ่านเพิ่มเติม »

Asia stocks higher ahead of Fed, pound pressured by fresh Brexit painAsian stocks edged up on Tuesday as equity investors prepared for an expected U....
แหล่ง: Reuters - 🏆 2. / 97 อ่านเพิ่มเติม »

Asia stocks gain ahead of Fed, pound pressured by fresh Brexit painAsian stocks gained on Tuesday as equity investors prepared for an expected U.S.... Brexit pain? No Brexit pain for Brits, we are galloping toward it, welcoming whatever it holds. Do appreciate Reuters are not neutral, but we have become used to media who know nothing about anything & just print their own fantasies.
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European stocks seen higher ahead of key Fed meetingEuropean stocks are set to open higher on Tuesday as investors prepare for an expected interest rate cut from the U.S. Federal Reserve.
แหล่ง: CNBC - 🏆 12. / 72 อ่านเพิ่มเติม »