Dow Jones Plunges 605 Points as Economic Data Clouds Rate Cut Outlook
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#76cf07ec ver:1.21

The Dow Jones plunged 605 points, its worst day of 2024, as economic data clouded rate cut outlook. Services and manufacturing data indicated sticky inflation, causing bets on rate cuts to fade. Odds for a rate cut in September fell below 50%, putting pressure on prospects for rate cuts later this year. #DowJones #economy #inflation #ratecuts...

#newstr #DowJones #RateCuts #EconomicData #Inflation #Unemployment #StockMarket 

 https://here.news/story/76cf07ec?ver=1.21