Stocks Reconsider Fed Cut, Pare Losses
ByABC News
June 27, 2001, 7:36 AM
N E W Y O R K, June 27 -- Stocks were mostly lower after gyrating on both sides of unchanged asinvestors offered a muted reaction to the Federal Reserve'sinterest-rate cut and warning that the U.S. economy remains atrisk for a slowdown.