Stock Market News Today: Markets retreat as Fed euphoria cools off (SP500)

Sep 20, 2024
stock-market-news-today:-markets-retreat-as-fed-euphoria-cools-off-(sp500)
People Walking on the Wall Street

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U.S. stocks on Friday were lower, as the euphoria sparked by the Federal Reserve’s bumper interest rate cut earlier in the week cooled off. A post-earnings plunge in global economic bellwether FedEx (FDX) weighed on sentiment.

The benchmark S&P 500 (

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