Thursday, May 2, 2019

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.


from Reuters: Money News https://reut.rs/2LisuWz
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