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- Stocks on Wall Street soared12after the Federal Reserve slashed its benchmark interest rate by 0.50 percentage points1. The Dow Jones Industrial Averages jumped 479 points, or 1.1%, as of 10:02 a.m. Eastern time to 41,9821. The S&P 500, Dow Jones Industrial Average, and Nasdaq Composite all rose about 1.3% in reaction to the decision2.Learn more:✕This summary was generated using AI based on multiple online sources. To view the original source information, use the "Learn more" links.Stocks on Wall Street soared Thursday a day after the Federal Reserve slashed its benchmark interest rate by 0.50 percentage points, with investors cheering the central bank's move to head off a slowdown in U.S. economic growth. The Dow Jones Industrial Averages jumped 479 points, or 1.1%, as of 10:02 a.m. Eastern time to 41,982.www.cbsnews.com/news/fed-rate-cuts-stocks-soar …Stocks soared in reaction to the Federal Reserve's latest policy update that included projections for one more interest rate cut than initially expected in 2024. The benchmark S&P 500 (^GSPC) the Dow Jones Industrial Average (^DJI), and the tech-heavy Nasdaq Composite (^IXIC) all rose about 1.3% in the wake of the decision.finance.yahoo.com/news/stock-market-news-today …
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WEBFeb 1, 2023 · US stocks rallied after the Federal Reserve raised interest rates by a quarter of a percentage point Wednesday. The move was widely expected, and the Fed signaled that “ongoing increases” to...
The Fed Just Cut Interest Rates. It May Signal a Big …
WEB21 hours ago · S&P 500 Index. Market Cap. Today's Change. (1.70%) $95.38. Current Price. $5,713.64. Price as of September 19, 2024, 5:01 p.m. ET. The Federal Reserve recently lowered interest rates for the …