The U.S. Federal Reserve cut interest rates to their lowest
level since June 2004 on Wednesday and left the door open to
further reductions as it tried to stave off a prolonged
recession.
* Fed cuts interest rates half-point to 1 percent
----------------------MARKET SNAPSHOT @ 0142 GMT ------------
INSTRUMENT LAST PCT CHG NET CHG
S&P 500 <.SPX> 930.09 -1.11% -10.420
USD/JPY
10-YR US TSY YLD
SPOT GOLD
US CRUDE
DOW JONES <.DJI> 8990.96 -0.82% -74.16
ASIA ADRS <.BKAS> 89.85 -0.53% -0.48
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