Wall Street Falls As Fed Signals Smaller Rate Cut

Wall Street Falls As Fed Signals Smaller Rate Cut

Saturday, July 20, 2019
The DowJones Industrial Average fell 68.77 points, or 0.25 percent, to 27,154.2, the S&P 500 lost 18.5 points, or 0.62 percent, to 2,976.61 and the Nasdaq Composite dropped 60.75 points, or 0.74 percent, to 8,146.49.

Wall Street’s main indexes fell on Friday following a report that the Federal Reserve plans to cut interest rates by only a quarter-percentage point at the end of the month.

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