Dow Jones jumps 400 points as US Fed cuts rates by 25 bps
The Dow Jones jumped over 400 points on Wednesday after the U.S. Federal Reserve cut interest rates by 25 basis points and indicated more cuts while flagging slower job gains and risks to employment as policymakers face heightened pressure under President Donald Trump. At 2:08 p.m. ET, the Dow Jones jumped 450.24 points, or 0.98%,…