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Updated from 4:12 p.m. EDT
Stocks in the U.S. fell hard Tuesday after the minutes from the last Federal Reserve meeting failed to give investors any firm indication that the central bank is considering lowering interest rates.
The Dow Jones Industrial Average plunged 280.28 points, or 2.1%, to 13,041.85. The S&P 500 lost 34.43 points, or 2.35%, to 1432.36, and the Nasdaq Composite was weaker by 60.61 points, or 2.37%, at 2500.64.
The major averages were underwater early in the session amid more bad news on the financial and housing sectors, but they went deeper into the red after the 2 p.m. EDT release of the minutes of the Aug. 7 Fed meeting. ...
Recent Comments
| Dow Jones | S&P 500 | NASDAQ | 10-Year Note | |
|---|---|---|---|---|
| 10,326.70 | 1,093.75 | 2,146.54 | 32.23 |
Oil *
77.09
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DOWN
137.70
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DOWN
16.88
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DOWN
29.51
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DOWN
0.56
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10 Yr
3.22%
SPDR Gold
115.36
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-1.32%
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-1.52%
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-1.36%
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-1.71%
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