Stocks Whipsaw With Dow Erasing 700 Point Gain As Fed Rate Cut Odds Drop

ToplineThe three major market indexes traded down Thursday afternoon after surging earlier in the day, as investors appeared to pull back on dimming hopes the Federal Reserve would cut interest rates again in December. Nvidia President and CEO Jensen Huang delivers the keynote address during the Nvidia GTC (GPU Technology Conference).Getty ImagesKey FactsThe Dow Jones Industrial Average swung nearly 1,100 points by Thursday afternoon, falling by roughly 320 points (0.7%) after trading up more than 700 point ...