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The S&P 500 fell 3 percent in its worst day since August.
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The New York Times

Dec. 18, 2024, 4:42 p.m. ET

BREAKING NEWS

Shawn Thew/EPA, via Shutterstock

Stocks Plunge as Fed Forecasts Fewer Rate Cuts Next Year

The S&P 500 index dropped 3 percent, its biggest fall since the start of August, after the Federal Reserve cut rates for a third time this year but projected only two more cuts in 2025.

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