NVDA
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Micron Technology
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Palantir
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US stock market = sharply lower, suggesting a slowdown in the pace of rate cuts by the Federal Reserve (FRB).
The U.S. Stocks Market closed with a significant decline. The Federal Reserve (FRB) implemented a 0.25% rate cut, while also hinting at a slower pace for rate cuts next year, causing a drop from the initial high levels.
During the Federal Open Market Committee (FOMC) meeting held on the 17th-18th, the Federal Reserve (FRB) lowered the Federal Fund (FF) rate target by 0.25 points to 4.25-4.50%. The published interest rate and economic outlook suggest two rate cuts in 2025, halving from the previous forecast of 4 cuts in September. The possibility of a slower pace for future rate cuts was indicated.
Dow Inc Industrial Stocks 30 fell for 10 consecutive business days, marking the longest continuous decline since October 1974.
The major 11 sectors of the S&P 500 Index all declined, led by Real Estate and Consumer Goods.
During the Federal Open Market Committee (FOMC) meeting held on the 17th-18th, the Federal Reserve (FRB) lowered the Federal Fund (FF) rate target by 0.25 points to 4.25-4.50%. The published interest rate and economic outlook suggest two rate cuts in 2025, halving from the previous forecast of 4 cuts in September. The possibility of a slower pace for future rate cuts was indicated.
Dow Inc Industrial Stocks 30 fell for 10 consecutive business days, marking the longest continuous decline since October 1974.
The major 11 sectors of the S&P 500 Index all declined, led by Real Estate and Consumer Goods.
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