[Breaking] New York Stock Market Falls on FOMC Minutes with No Mention of Interest Rate Cuts
The three major indices of the U.S. New York stock market closed lower within a narrow range on the 21st (local time), digesting the Federal Open Market Committee (FOMC) minutes from the Federal Reserve (Fed) that did not include considerations of an interest rate cut. Weak earnings forecasts from retailers also dampened investor sentiment.
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On that day in the New York stock market, the Dow Jones Industrial Average fell 0.18% compared to the previous session. The large-cap-focused S&P 500 index dropped 0.20%, and the tech-heavy Nasdaq index declined 0.59%.
This content was produced with the assistance of AI translation services.
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