Nasdaq leads S&P and Dow lower on tech earnings; investors eye Fed decision

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Fed Cuts Interest Rate By A Quarter Point

Scott Olson

Major market averages swung lower on Wednesday morning with growth struggling after a post-earnings slide in megacaps.

Early on and the Nasdaq Composite (COMP.IND) was -1.2%, the S&P 500 (SP500) was -0.7%, and the Dow (DJI) was near even.

Alphabet (GOOG



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