Summary of Stock market today: Dow, S&P 500 close at record highs, Nasdaq surges amid rate cut euphoria
Summary of Stock market today: Dow, S&P 500 close at record highs, Nasdaq surges amid rate cut euphoria
The article discusses the impact of the Federal Reserve's 50 basis point rate cut on the US stock market, with the Dow Jones Industrial Average and the S&P 500 reaching record highs. The tech-heavy Nasdaq Composite led the gains, with stocks such as Nvidia and Tesla surging. The article also mentions the impact of the rate cut on gold prices and the housing market.
quoting nevent1q…alntStock market today: Dow, S&P 500 close at record highs, Nasdaq surges amid rate cut euphoria
https://s.yimg.com/ny/api/res/1.2/IckJt9Xn3Q3075ZJDUkj6Q--/YXBwaWQ9aGlnaGxhbmRlcjt3PTEyMDA7aD04MDA-/https://s.yimg.com/os/creatr-uploaded-images/2024-02/ab88b200-da08-11ee-bffa-401303ba08ec
https://finance.yahoo.com/news/live/stock-market-today-dow-sp-500-close-at-record-highs-nasdaq-surges-amid-rate-cut-euphoria-200045001.html
The article discusses the impact of the Federal Reserve's 50 basis point rate cut on the US stock market, with the Dow Jones Industrial Average and the S&P 500 reaching record highs. The tech-heavy Nasdaq Composite led the gains, with stocks such as Nvidia and Tesla surging. The article also mentions the impact of the rate cut on gold prices and the housing market.