U.S. stocks edged lower after the Federal Reserve said it would cut interest rates for the first time in a decade
Major stock indexes have rallied this year as investors have cheered the prospect of a rate cut. That came to fruition today, punctuating the rally.
The end of the meeting marks a pivotal moment for stocks, bonds and currency markets because of potential clues about what comes next, especially with interest rates already historically low. Some investors are betting on more than one rate cut this year, and the...
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