Tech Geek on Nostr: The S&P 500 surged to a record high close on Thursday, the day after the Federal ...
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.
✓ Dow closes above 42,000 for the first time.
✓ BofA expects Fed to go for 75-bp cut in Q4.
✓ US big banks rise after Fed's rate cut
S&P 500 +1.70%, Nasdaq +2.51%, Dow +1.26%
Published at
2024-09-19 21:00:23Event JSON
{
"id": "faa8af595b88a3b84f553b81df1ba54794c26746fd6ac67252e6881165f52b93",
"pubkey": "ad6a909b8dfd6e278f94881d83dbd5ad5f9260c7502175059b29042e589fb93c",
"created_at": 1726779623,
"kind": 1,
"tags": [
[
"l",
"FLASH NEWS"
],
[
"source",
"https://www.reuters.com/markets/us/fed-rate-cut-boosts-futures-growth-stocks-lead-gains-2024-09-19/"
],
[
"yaki_flash_news",
"U2FsdGVkX181CeGxNRJHQq4TSVqQjleom4f/OjOonU0="
],
[
"t",
"Stock Market"
],
[
"t",
"Economy"
],
[
"t",
"USA"
]
],
"content": "The S\u0026P 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.\nhttps://image.nostr.build/b27880d43b6bddf96b2153ee8956b1ae7b3602a8619d25184807618fb99af2d3.jpg\n✓ Dow closes above 42,000 for the first time.\n✓ BofA expects Fed to go for 75-bp cut in Q4.\n✓ US big banks rise after Fed's rate cut\nS\u0026P 500 +1.70%, Nasdaq +2.51%, Dow +1.26%",
"sig": "6e4ed7b1a70f3ffb7ee0738d86bb5603f1b0bddd55556ac80e3a3f9c2a43bacfad1a392232eccf48ccafcc509a9714d57395add363f9103783e4354ea521e18c"
}