Dow components turned negative in afternoon action Wednesday after Federal Reserve Chairman Jerome Powell indicated the Fed may not be ready to cut interest rates as expected. Meanwhile, Magnificent Seven leaders Meta Platforms (META) and Microsoft (MSFT) soared after results on the stock market today. By the closing bell, the Dow Jones Industrial Average had lost 171 points or 0.4%.…
Stock Market Today: Dow Drops After Fed Powell Comments; Meta, Microsoft Soar On Earnings (Live Coverage)
