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Asian stocks slide as US Fed does what was expected

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In New York, the S&P 500 lost 1.54% to hit its lowest level since September 2017

 

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Almost every commentator on the planet told us that this hike had already been priced in to the market. Seems just not so.

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Stocks and oil edge higher as investors eye US Fed meetingUS stocks are on pace for their biggest December decline since 1931, the depths of the Great Depression
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