Stocks post back-to-back losses after Powell cools rate-cut hopes

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Stocks post back-to-back losses after Powell cools rate-cut hopes
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U.S. stocks ended lower on Thursday, marking a second straight loss for the S&P and Dow, as equity investors hopeful of further policy easing remain...

U.S. stocks ended lower on Thursday, marking a second straight loss for the S&P and Dow, as equity investors hopeful of further policy easing remain disappointed from the fallout of the Federal Reserve's Wednesday meeting. The S&P 500 SPX, -0.21% was down 0.2% to end near 2,918. The Dow Jones Industrial Average DJIA, -0.46% slipped 122 points, or 0.4%, to end around 26,308. The Nasdaq Composite COMP, -0.16% fell 0.2% to finish around 8,037.

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