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Stock market tumbles: Dow drops 631 points after historic Fed rate hike

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The Dow Jones Industrial Average fell 631 points Today after the Federal Reserve raised interest rates for the first time since 2023, with all three major indexes reversing earlier gains once Chair Kevin Warsh signaled inflation remains far from under control The Dow closed down 1.21% at 51,461.90, its worst single day drop in months, […]

The postStock market tumbles: Dow drops 631 points after historic Fed rate hikeappeared first onRolling Out.

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