Us Stocks Fall Sharply And Dow Loses 1,100 Points After The Fed Hints At Just 2 Rate Cuts For 2025

Stan Choe, Chicago Tribune: Business
Wed, 12/18/2024 - 3:27pm

NEW YORK — U.S. stocks tumbled to one of their worst days of the year after the Federal Reserve hinted Wednesday it may deliver fewer shots of adrenaline for the U.S. economy in 2025 than earlier thought. The S&P 500 fell 2.9%, just shy of its biggest loss for the year, to pull further from its all-time high set a couple weeks ago.

Topics: york u.s federal reserve the s&p the fed we fed chair jerome powell asked white house donald trump s preference when it s cleveland fed president beth hammack wednesday s treasury on wall street stocks russell general mills progresso cheerios nvidia wall street s jabil the dow jones industrial average london s ftse november england in japan nikkei honda motor co honda motor s mitsubishi motors ap writer zimo zhong fed u.s s&p dow jones industrial average nasdaq fed september wall street powell powell wall street in bank japan motor corp honda nissan fall points rate cuts rates market interest year dropped expected inflation fell high set economy full expectations profit officials investments feel tumbled lost revenue borrow days worst main composite rising time policy bond yield companies central fuel decision driving job latest stronger meeting quarter growth fiscal slow all-time reporting thought forecast higher percentage months uncertainties

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US stocks fall sharply, Dow tumbles 1,100 points after Fed hints at just 2 rate cuts in 2025
U.S. stocks tumbled to one of their worst days of the year after the Federal Reserve hinted Wednesday it may deliver fewer shots of adrenaline for the U.S. economy in 2025 than earlier thought.
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12/18/2024 - 8:38 am | View Link
US stocks fall sharply and Dow loses 1,100 points after the Fed hints at just 2 rate cuts for 2025
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Us Stocks Fall Sharply And Dow Loses 1,100 Points After The Fed Hints At Just 2 Rate Cuts For 2025

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