Stock losses deepen amid Fed fallout, shutdown worries


On Tuesday, the stock market continued its September decline as Wall Street's attention remained fixated on the increasing likelihood that the Federal Reserve would refrain from cutting interest rates in the near future. The S&P 500 (GSPC) experienced a 1.5% drop, while the Dow Jones Industrial Average (DJI) saw a nearly 400-point decline, equivalent to 1.2%. Similarly, the tech-heavy Nasdaq Composite (IXIC) registered a 1.6% decrease. Despite a promising start to the week, these major stock indices appeared on course for a losing month.

https://finance.yahoo.com/news/stock-losses-deepen-amid-fed-fallout-shutdown-worries-stock-market-news-today-200313275.html?guccounter=1


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