Stock Market Today: Stocks slide as Fed rate-cut bets fade; Amazon gains

May 1, 2024
stock-market-today:-stocks-slide-as-fed-rate-cut-bets-fade;-amazon-gains
...PATCHY DENSE FOG THIS MORNING ACROSS NORTH AND PARTS OF CENTRAL GEORGIA...  Some patchy dense fog will restrict visibilities to less than one-half of a mile across north and parts of central Georgia.  The fog should lift after 8 AM.  If driving this morning, slow down, use low-beam headlights and leave extra distance between you and the vehicle in front of you.  

Check back for updates throughout the trading day

U.S equity futures extended declines Wednesday, following on from the first monthly decline for the S&P 500 since last autumn, as investors braced for a hawkish statement from the Federal Reserve amid yet another repricing of interest rate forecasts for the world’s biggest economy.

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