Dow Jones Drops 1,100 Points, Suffers Longest Losing Skid Since 1974 As Markets React To Rate Cut

International Business Times - 18 decembrie 2024

Dow Jones Drops 1,100 Points, Suffers Longest Losing Skid Since 1974 As Markets React To Rate Cut

The Dow Jones Industrial Average broke a half-century record for futility on Wednesday, suffering losses for the 10th consecutive session on the heels of the Federal Reserve's 0.25% interest rate cut.

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