By STAN CHOE, Associated Press NEW YORK (AP) — 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.

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BING NEWS:
  • Dow ends down over 1,100 points to suffer its worst day since August after hawkish Fed rate outlook
    U.S. stocks finished lower on Wednesday, with the Dow Jones Industrial Average posting its worst day in over four months after the Federal Reserve decided to lower its benchmark interest rate by 25 basis points but reduced its forecast for further rate cuts in 2025.
    12/17/2024 - 7:53 pm | View Link
  • Stock market today: Wall Street drifts ahead of the Federal Reserve’s rate decision
    U.S. stock indexes are drifting as Wall Street waits for an announcement from the Federal Reserve that could guide its direction into next year.
    12/17/2024 - 3:48 pm | View Link
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