Led by tech stocks, Dow Jones jumps 500 points, S&P 500 hits record high after US Fed rate cuts
US markets soared on Thursday (Sept. 19), following the Federal Reserve’s recent announcements, with both the Dow Jones and S&P 500 closing at all-time highs. The Dow Jones Industrial Average, composed of 30 major stocks, surged over 500 points, surpassing the 42,000 mark for the first time.