U.S. stocks plunge as Fed signals fewer interest rate cuts in 2025, sparking investor pessimism.

U.S. stocks saw a sharp decline on Wednesday, with the Dow Jones Industrial Average falling by 1,100 points. This drop occurred after the Federal Reserve hinted at only two interest rate cuts in 2025, less than previously expected, leading to decreased investor optimism and one of the worst trading days of the year.

3 months ago
28 Articles