Yahoo Finance

US stocks (^DJI, ^IXIC, ^GSPC) sold off in Wednesday's session after the Federal Reserve's latest interest rate cut, central bank officials indicating their plans to ease up on the amount of rate cuts planned for 2025.

Yahoo Finance markets reporter Josh Schafer shares his insights into the trading day's biggest market trends, including the downturn in the Russell 2000 small cap index (^RUT), upticks in Treasury yields (^TYX, ^TNX, ^FVX), and losses seen across mega-cap tech names.

To watch more expert insights and analysis on the latest market action, check out more Asking for a Trend here.

This post was written by Luke Carberry Mogan.