SandP posts biggest drop since May

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SandP posts biggest drop since May

SandP posts biggest drop since May

  • TV-G
  • 2019
  • 1mins
The Dow and S and P 500 suffered their biggest daily percentage drops since May 31 on Wednesday after the Federal Reserve cut interest rates for the first time in a decade but remarks by Fed Chair Jerome Powell dampened expectations for further cuts going forward. Fred Katayama reports