Amazon bringing faster delivery to thousands of small towns and cities

Traders a week ago had taken the possibility of a cut this month down to around a coin flip.

The decision comes a day after the U.S. Federal Reserve cut rates by 25 basis points, bringing the federal funds rate to 4.25%-4.5%.

The comments come as investors worry that a more severe approach signaled by the Trump administration would dampen sentiment enough to slow down the economy.