The Federal Reserve announced a 25 basis point rate cut, and Powell stated that the Fed is at or close to a point of slowing down rate reductions. All three major US stock indexes fell significantly, with the Nasdaq down 3.56%, the S&P 500 Index down 2.95%, and the Dow down 2.59%. Among them, the Dow has fallen for the 10th consecutive day, marking the longest streak of declines since October 1974.
美股三大指数收盘均跌超2% 道指创超半个世纪以来最长连跌
All three major US stock indexes closed down more than 2%, with the Dow Jones experiencing its longest consecutive decline in over half a century.
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