Stocks jump Thursday after Federal Reserve’s jumbo-sized rate cut – CNN
new york CNN — Stocks surged Thursday morning as investors welcomed the Federal Reserve's surprise half-point interest rate cut. The Dow rose 537 points, or 1.3%, the S&P 500 rose 1.6%, surpassing the 5,700 level, and the Nasdaq Composite rose 2.3%. Tech stocks surged: Nvidia shares rose 4%, Tesla shares rose 2.6%, Meta Platforms shares […]