Market Swoons Again As Fed Cuts Rates For Second Time This Year
September 18, 2019 at 14:52 PM EDT
After a brief pop higher, the typical head-fake following FOMC, stocks traded lower on Wednesday as traders digested the Federal Reserve’s latest decision on U.S. monetary policy. The Dow Jones Industrial Average has fallen 168 points, or 0.6%. The S&P 500 has slid 0.7% while the Nasdaq...