MARKETS ALERT: Stocks tumble despite Fed rate cut

The three major U.S. equity benchmarks closed lower on Wednesday after Fed Chair Jerome Powell signaled the quarter point rate cut, the first in more than a decade, may not guarantee future cuts, which is what investors were hoping for.

Read the full story: https://fxn.ws/2YjgQ43

Check out more on the Fed's rate cut: https://fxn.ws/2Zwxjyt

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