S&P 500 surges to record high close on euphoria over Fed rate cut

The Times of India - 20. syyskuuta 2024

S&P 500 surges to record high close on euphoria over Fed rate cut

The S&P 500 hit a record high after the Federal Reserve cut interest rates by 50 basis points and hinted at more cuts. Major stocks like Tesla, Apple, and Nvidia saw significant gains. Better-than-expected jobless claims data also boosted market sentiment. Th…

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