Dow Jones drops to 14-month low after interest rate hike, government shutdown fears

lucky-photographer/iStock(NEW YORK) — The Dow Jones Industrial Average closed at a 14-month low on Thursday, the second consecutive day of sell-offs after the Federal Reserve announced its fourth widely-anticipated rate hike of the year. The Dow closed 464 points lower at 22,860, a 2 percent decrease. Though the rate hike was expected, the Fed’s revised …

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