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S&P 500 posts biggest drop since May after Fed cut, Powell comments
The Dow and S&P 500 suffered their biggest daily percentage drops since May 31 on Wednesday after the Federal Reserve cut interest rates for the first time in a decade, but remarks by Fed Chair Jerome Powell dampened expectations for further cuts going forward

Source: Reuters

https://www.reuters.com/article/us-usa-stocks/sp-500-posts-biggest-drop-since-may-after-fed-cut-powell-comments-idUSKCN1UQ1GR?il=0



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