Wall Street surges to record highs after Fed cut; S&P 500 and Dow hit new peaks

Wall Street surged to record highs after the Federal Reserve cut interest rates. The S&P 500, Dow Jones Industrial Average, and Nasdaq Composite experienced significant gains. Stocks like Tesla, Apple, and Nvidia led the rally. Positive jobless claims data also boosted investor confidence and expectations for reduced operating costs.

Sep 20, 2024 - 06:30
Wall Street surges to record highs after Fed cut; S&P 500 and Dow hit new peaks

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Wall Street surged to record highs after the Federal Reserve cut interest rates. The S&P 500, Dow Jones Industrial Average, and Nasdaq Composite experienced significant gains. Stocks like Tesla, Apple, and Nvidia led the rally. Positive jobless claims data also boosted investor confidence and expectations for reduced operating costs.
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