Stocks add to their rapid recovery after the Fed unexpectedly cuts rates to boost the economy
Brendan McDermid/ReutersStocks slipped from initial gains on Tuesday, closing deeply in the red after the Federal Reserve's emergency rate cut failed to soothe investors' worries. The 50-basis-point adjustment is the first cut to arrive between Federal Open Market Committee meetings since the 2008 financial crisis. All major US indexes surged…
bubmagMarch 3, 2020