DOW TUMBLES 900 POINTS AS FED RATE OUTLOOK DISAPPOINTS, HEADS FOR FIRST 10-DAY LOSING STREAK SINCE '74

DOW TUMBLES 900 POINTS AS FED RATE OUTLOOK DISAPPOINTS, HEADS FOR FIRST 10-DAY LOSING STREAK SINCE '74
DOW TUMBLES 900 POINTS AS FED RATE OUTLOOK DISAPPOINTS, HEADS FOR FIRST 10-DAY LOSING STREAK SINCE '74

The Dow Jones dropped 960 points (2.2%) on Wednesday, heading for its longest losing streak since 1974.

This would be the 10th straight day of losses for the Dow.

The S&P 500 fell 2%, and the Nasdaq Composite dropped nearly 4%.

The decline came after a disappointing Federal Reserve interest rate outlook.

On Tuesday, the Dow already had a nine-day losing streak, its longest since 1978.

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