![US STOCKS-Wall St drops after Fed chair dampens rate-cut hopes]( "US STOCKS-Wall St drops after Fed chair dampens rate-cut hopes")
U.S. stocks ended lower on Wednesday and the S&P 500 snapped a three-day streak of record high closes as comments from Federal Reserve Chairman Jerome Powell appeared to dampen hopes the central bank could move later this year to cut interest rates. In its policy announcement, the Fed held rates steady as expected and struck a cautious tone on inflation.
from Yahoo News - Latest News & Headlines https://yhoo.it/2DKD9Dd
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