Wednesday, 27 January 2021

How Major US Stock Indexes Fared Wednesday

The stock market posted its biggest drop since October Wednesday, led by declines in several Big Tech companies. The S&P 500 gave up 2.6%. The selling was broad, though technology giants including Facebook, Netflix and Googles parent company accounted for a big part of the pullback. The Federal Reserve stressed its commitment to keep interest rates low.

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