Market Update

Most US stocks fell in late Tuesday trading after the Federal Reserve cut the interest rate by just a quarter point. Some investors were hoping for a bigger cut to spur economic growth. The Dow slipped 81.10 to 8027.74, the Nasdaq dropped 15.11 to 1724.11, and the Wired Index lost 3.14 to 393.26.

Most US stocks fell in late Tuesday trading after the Federal Reserve cut the interest rate by just a quarter point. Some investors were hoping for a bigger cut to spur economic growth. The Dow slipped 81.10 to 8027.74, the Nasdaq dropped 15.11 to 1724.11, and the Wired Index lost 3.14 to 393.26.