July 19, 2019 / 8:03 PM / a month ago

US STOCKS SNAPSHOT-Wall St falls as expectations for hefty Fed cut trimmed

NEW YORK, July 19 (Reuters) - Wall Street’s main indexes edged lower on Friday following a report that the Federal Reserve plans to cut interest rates by only a quarter-percentage point at the end of the month.

The Dow Jones Industrial Average fell 68.36 points, or 0.25%, to 27,154.61, the S&P 500 lost 18.48 points, or 0.62%, to 2,976.63 and the Nasdaq Composite dropped 60.75 points, or 0.74%, to 8,146.49. (Reporting by Evan Sully; Editing by Dan Grebler)

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