Market Report - US Close

US close: Stocks sharply lower following Powell comments

By Iain Gilbert

Date: Wednesday 18 Dec 2024

(Sharecast News) - Major indices closed sharply lower on Wednesday as market participants digested comments from Federal Reserve chairman Jerome Powell.
At the close, the Dow Jones Industrial Average was down 2.58% at 42,326.87, while the S&P 500 lost 2.95% to 5,872.16 and the Nasdaq Composite saw out the session 3.56%...

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