The Federal Reserve is primed to aggressively cut a key interest rate even lower on Tuesday, racing to contain spreading financial fires that threaten an economic meltdown.
Market is seeing The rate cut will be minimum of 0.75 or more. If it is not then very dangerous for the market
US closing:
Dow 11,972.25 +21.16 +0.18%
Nasdaq 2,177.01 -35.48 -1.60%
S&P 500 1,276.60 -11.54 -0.90%
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