The Federal Reserve slashed interest rates by 50BP and US stocks collectively closed lower
2024-09-18 20:01:05
Midland Reserve sharply interest rate cut 50bp US stocks collective closed downdesk3cryptocurrencydesktopCrypto News
On September 19, the Federal Reserve sharply cut interest rates by 50 basis points. US stocks closed down collectively on Wednesday. The Dow closed down about 102 points or 0.25%, the S & P 500 index fell 0.29%, and the Nasdaq index fell 0.31%. Intel (INTC. O) fell 3.26%, Trump Media Technology Group (DJT. O) fell 3.22%. Nasdaq China Golden Dragon Index closed down 0.86%, NIO (NIO. N) fell 7.03%, XPeng Motors (XPEV. N) fell 4.49%, and Dingdong Maicai (DDL. N) fell 4.39%.
Disclaimer:
1. The information provided does not constitute investment advice. Investors should make independent decisions and bear all risks themselves.
2. The copyright of this content belongs to the original author. The views expressed herein are solely those of the author and do not represent the stance or position of this website.
Previous article：
"Fed megaphone": The Fed is actually making up for lost time
