US stocks (^DJI, ^IXIC, ^GSPC) closed lower following the Federal Reserve's decision to cut interest rates by 50 basis points on Wednesday. All three of the indexes surrendered their intraday gains.

Market Domination Overtime's Seana Smith recaps the day's market action, joined by Yahoo Finance markets and date editor Jared Blikre to evaluate the long term outlook on equity markets as the Fed transitions in a rate-cutting cycle.

For more expert insight and the latest market action, click here to watch this full episode of Market Domination Overtime.

This post was written by Luke Carberry Mogan.