Magnificent 7 U.S. Stocks Closing Report | On Wednesday (June 17), the Magnificent 7 index fell 2.38% to 210.21 points, plunging after a gap-down open. The decline accelerated significantly after the Federal Reserve announced no rate change and released the Summary of Economic Projections (SEP) at 02:00 Beijing time (GMT+8), and dropped further after Federal Reserve Chairman Jerome Powell began his press conference.
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