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Dow falls, S&P 500 flat as Fed rate cut not sure
October 31, 2025
|Business World Philippines
The Dow ended lower and the S&P 500 finished flat on Wednesday after the US Federal Reserve cut interest rates but Fed Chair Jerome H. Powell said another rate cut in December is far from assured.
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The Nasdaq registered another record closing high, boosted by Nvidia after the artificial intelligence chipmaker made history as the first company to reach $5 trillion in market value.
In earlier trading, stocks rose and then added to gains after the Fed cut interest rates by a quarter of a percentage point, as expected, and said it will restart limited purchases of Treasury securities.
هذه القصة من طبعة October 31, 2025 من Business World Philippines.
اشترك في Magzter GOLD للوصول إلى آلاف القصص المتميزة المنسقة، وأكثر من 9000 مجلة وصحيفة.
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