Dow Slices Triple-Digit Loss as Deflated Fed Hawks Suffer Brutal Defeat

By CCN: The Dow and broader U.S. stock market pared losses Wednesday after the minutes of the latest Federal Reserve policy meeting seemed to confirm that interest rates will remain on hold for the foreseeable future, thrusting the warnings of Fed hawks to the garbage heap. Dow, S&P 500 Pare Painful Losses All of Wall Street’s major indexes traded lower Wednesday afternoon, mirroring a volatile pre-market for Dow futures. The Dow Jones Industrial Average was off by more than 120 points before paring losses. It was last seen trading at 25,818.03, down 59 points, or 0.2%. The broad S&P 500

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source https://www.ccn.com/dow-slices-triple-digit-loss-as-deflated-fed-hawks-suffer-brutal-defeat

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