Stocks jump Thursday after Federal Reserve’s jumbo-sized rate cut

Biztoc.com - 19. september 2024

Stocks jump Thursday after Federal Reserve’s jumbo-sized rate cut

Stocks jumped Thursday morning as investors cheered the Federal Reserve’s eye-popping half-point interest rate cut. The Dow rose 537 points, or 1.3%. The S&P 500 gained 1.6%, topping the 5,700 level. The Nasdaq Composite added 2.3%. Tech stocks surged: Nvidia…

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