Nasdaq futures up 2% as Fed rate cut buoys growth stocks

The Times of India - 19 september 2024

Nasdaq futures up 2% as Fed rate cut buoys growth stocks

U.S. stock index futures surged, with Nasdaq futures up 2%, following the Federal Reserve's 50-basis-point interest rate cut. Key tech stocks like Microsoft and Alphabet saw gains, while semiconductor stocks also rose. The Fed's move aims to support steady gr…

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