U.S. Stock Indexes Close Lower
Article is form Jinse
September 18, 2024
This article is translated by ChatGPT Show original
Gold Finance reported that the Federal Reserve lowered the target range for the federal funds rate by 50 basis points to 4.75% to 5.00%. US stocks rose sharply before giving back gains, with all three major indexes closing lower. The Dow Jones Industrial Average fell 0.25%, the S&P 500 Index fell 0.29%, and the Nasdaq Composite Index fell 0.31%. Notably, the Dow and S&P 500 reached new intraday highs.
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