Dow and S&P 500 hit record highs as markets respond to Fed’s rate cut
The 30-stock Dow Jones index gained 522.09 points, or 1.26 percent, closing at 42,025.19, its first close above the 42,000 mark. The S&P 500 increased by 1.7 percent, ending at 5,713.64, surpassing 5,700 for the first time. The Nasdaq Composite also rose sharply by 2.51 percent to close at 18,013.98.
Dow closes at all-time high as stocks jump ahead of crucial Fed rate decision
Markets have been in a bull run since the start of this year on expectations the Fed would kick off its monetary policy easing cycle soon.
S&P 500 surges to record high close on euphoria over Fed rate cut
The S&P 500 surged to a record high close on Thursday, the day after the Federal Reserve cut interest rates by 50 basis points and indicated more rate cuts were on the horizon. The blue chip Dow Jones Industrial Average also registered a record closing high,
The Dow closed above 42,000 for the first time after the Fed's big interest rate cut
The Dow Jones Industrial Average (SPGI) jumped 522 points Thursday and closed at a new record high, as the Federal Reserve’s decision to slash interest rates by 50 basis points gave fuel to markets.
Dow jumps to another all-time high day after Fed delivers big rate cut
Wall Street rallied on Thursday with the Dow and S&P 500 hitting another intraday record high — a day after the Federal Reserve kicked off its easing cycle with half-a-percentage point reduction and forecast more cuts were on the horizon.
Fed's next rate cut will be smaller, traders bet
Traders on Thursday added to bets the U.S. Federal Reserve's next rate cut will be smaller than the one it delivered on Wednesday, after economic data showed an unexpected drop in unemployment insurance claims.
U.S. Stock Futures Jump on Fed's Big Rate cut
Pre-market futures are feeling themselves this morning. We’d just passed the crucible of the “higher for longer” term of interest rates from the Fed — a series of sometimes significant rate hikes from March 2022 through July 2023,
Fed rate cut boosts futures as growth stocks lead gains
Rate-sensitive growth stocks like Microsoft, Meta and Alphabet, that have led much of this year's rally, advanced over 1.5% each in premarket trading. Chip stocks also gained, with Nvidia up 2.8%, Advanced Micro Devices rising 3% and Broadcom up 3.
US equity futures rise as Fed cut boosts sentiment: markets wrap
Japanese stocks rose along with US equity futures after the Federal Reserve cut interest rates by half a percentage point and signalled further easing in the months ahead.
Dollar rebounds after Fed goes big on rate cut
The U.S. dollar rose broadly on Thursday, recovering from an earlier tumble in the immediate aftermath of the Federal Reserve's outsized interest rate cut that had been largely priced in by markets. The U.
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NVIDIA Corp. stock rises Thursday, outperforms market
Shares of NVIDIA Corp. NVDA rallied 3.97% to $117.87 Thursday, on what proved to be an all-around favorable trading session for the stock market, with the S&P 500 Index SPX rising 1.70% to 5,713.64 ...
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The Dow Jones Industrial Average posted a record high Thursday while other indexes were mostly flat, securing the milestone as AI behemoth Nvidia, known for swaying broader markets, tumbled ...
Prediction: Nvidia Will Replace Intel in the Dow Jones Index
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Stock market today: Dow closes at an all-time high after recouping its losses from early September
The Dow Jones Industrial Average closed at another all-time high after recouping its losses from early September. The S&P 500 ...
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Nvidia Stock Drops. Why Strong Earnings Weren't Enough to Lift Shares.
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Intel Is Probably Getting Kicked Out of the Dow, but Nvidia May Not Be Its Logical Replacement
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