Wall Street surges after US central bank cuts rates

by Pelican Press
0 minutes read

[ad_1]

Wall Street surges after US central bank cuts rates

Wall Street has rallied, with the S&P 500 hitting another intraday record high after the Federal Reserve kicked off its easing cycle with half-a-percentage point reduction and forecast more cuts were on the horizon.

Rate-sensitive growth stocks that have led much of this year’s rally rose.

[ad_2]

Source link

#Wall #Street #surges #central #bank #cuts #rates

You may also like