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    • Dow Jones Falls 500 Points as Stocks Extend Losses in Final Hour of Trading
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    Dow Jones Falls 500 Points as Stocks Extend Losses in Final Hour of Trading

    Pabio Posted on

    20 minutes ago

    Dow Jones Falls 500 Points as Stocks Extend Losses in Final Hour of Trading

    By

    Isabelle Wang

    U.S. stocks extended their decline in the final hour of trading Wednesday after the Federal Reserve signaled it plans to cut interest rates next year more slowly than policymakers had previously considered.

    The Dow Jones Industrial Average fell more than 500 points, or 1.1%, to trade near its session low of 42,926, according to FactSet data.

    The S&P 500 lost 1.3%, to around 5,972.

    The Nasdaq Composite fell 1.6% to 19,794.

    Pabio
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