World Financial Markets Stumble

Stock Market January Losses Traders confer on the floor of the New York Stock Exchange. The NYSE opened down more than 460 points but rallied after the Federal Reserve Bank cut a key interest rate to finish the day down around 125 points, or 1%.
Brendan McDermid / Reuters

New York
Traders confer on the floor of the New York Stock Exchange. The NYSE opened down more than 460 points but rallied after the Federal Reserve Bank cut a key interest rate to finish the day down around 125 points, or 1%.

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