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Stocks Reverse Lower After Fed's Half-Point Rate Cut; Donald Trump Stock Slammed Again (Live Coverage)

Stocks Reverse Lower After Fed's Half-Point Rate Cut; Donald Trump Stock Slammed Again (Live Coverage)

Stocks closed lower and at session lows in the stock market today after the Federal Reserve decided to cut short-term interest rates by half a point. After the Fed's announcement, the Dow Jones Industrial Average had jumped as much as 375 points, but the index reversed lower along with other major indexes. The Dow, S&P 500 and Nasdaq closed 0.3% lower.