
The Dow Jones Industrial Average broke a half-century record for futility on Wednesday, suffering losses for the 10th consecutive session on the heels of the Federal Reserve's 0.25% interest rate cut.
The Dow Jones dropped 1,123.03 points ( down 2.58%), a decline that was hastened by the Fed's decision to take a more cautious approach to interest rate cuts amid recent unfavorable inflation data and positive employment reports.