The three major U.S. stock indexes all fell

Golden Finance reported that the Federal Reserve lowered the federal funds Intrerest Rate target range by 50 basis points to 4.75% to 5.00%. U.S. stocks surged and then fell back, with all three major indexes collectively falling, with the Dow falling 0.25%, the S&P 500 falling 0.29%, and the Nasdaq falling 0.31%. Among them, both the Dow and the S&P 500 indexes hit new intraday highs.

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