Wall Street hits new 2018 low

US stocks have had a rocky start to the last full trading week of the year as investors await the Federal Reserve meeting.

Wall Street hits new 2018 low Wall Street hits new 2018 low Wall Street hits new 2018 low Wall Street hits new 2018 low Wall Street hits new 2018 low

The Dow Jones Industrial Average and S&P 500 each dropped around 2.1% to the lowest level in 14 months.

The Fed will kick off a two-day meeting today, with markets still pricing in a hike.

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