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Market Turbulence: Dow Drops 400 Points Ahead of Fed Meeting

Affects: Indices

The Dow Jones Industrial Average tumbled nearly 400 points by mid-morning, reflecting a nervous atmosphere among investors. As the Federal Reserve kicks off a two-day policy meeting, concerns over potential interest rate hikes are driving market participants to offload riskier assets. With uncertainty looming, the market is currently experiencing a stormy outlook.

Source: nypost.com