Stock market today: Indexes close at record highs and tech soars after Fed rate cut

Biztoc.com - 19 September 2024

Stock market today: Indexes close at record highs and tech soars after Fed rate cut

Indexes rallied to record highs as investors cheered Wednesday's rate cut from the Fed. Tech stocks led the rally, with shares of Nvidia and Meta up 4%. Jobless claims reinforced the Fed's message of a strong labor market, with last weeks's claims down 12,000…

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