U.S. stock markets surged to record highs on September 19, 2024, as the S&P 500 and Dow Jones both closed at all-time highs following a 50 basis point rate cut by the Federal Reserve. Technology stocks, including Tesla and Nvidia, led the rally.
Tag: Apple
Daily Market Snapshot: September 18, 2024
U.S. stocks closed lower on September 18, 2024, after the Federal Reserve announced a 50 basis point rate cut, marking the first cut in over four years. The S&P 500 fell 0.29%, while the Dow Jones and Nasdaq Composite also declined.
Daily Market Snapshot: September 17, 2024
U.S. stocks closed nearly flat on September 17, 2024, as the market awaits the Federal Reserve’s interest rate decision. The S&P 500 hit an all-time intraday high before ending with modest gains, while the Dow Jones slipped and the Nasdaq rose 0.20%.
Daily Market Snapshot: September 16, 2024
U.S. stocks had mixed results on September 16, 2024, with tech stocks dragging the Nasdaq lower, while the Dow Jones and S&P 500 posted gains. Investors are focused on the upcoming Federal Reserve decision and its potential 50 basis point rate cut.