2024-09-19 20:54:55

Wall Street hits all-time highs after Federal Reserve’s interest rate cut

S&P 500 climbs 1.7% for highest close since July, while Dow Jones and Nasdaq also welcome risesWall Street scaled all-time highs on Thursday as global markets welcomed the US Federal Reserve’s first interest rate cut in four years.The benchmark S&P 500 climbed 1.7% to close at its first record high since July. The Dow Jones Industrial Average rose 1.3% and also hit a record. The technology-focused Nasdaq Composite rallied by 2.5%. Continue reading...

https://www.theguardian.com/business/2024/sep/19/wall-street-federal-reserve-interest-rate-cut

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2024-09-19 20:54:55

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