Stock market today: Stocks jump to new highs as Fed buzz lifts markets

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الإمارات العربية المتحدة أحدث الأخبار,الإمارات العربية المتحدة عناوين

Relieved investors continued to celebrate the Federal Reserve's signal that it will delay but not slow rate cuts.

Stocks on Wall Street rose to build on a record-setting rally on Thursday as relieved investors continued to celebrate the Federal Reserve's signals it will delay but not slow rate cuts. The S&P 500 rose 0.5%, surpassing 5,250. The Dow Jones Industrial Average gained 0.5% to creep closer to the 40,000 mark, while the tech-heavy Nasdaq Composite moved up 0.9%.

With six weeks until the next Fed policy meeting in May, other drivers for stocks are now likely to come into focus. While AI growth hopes have provided a boost to techs, there were signs of broadening in the market's relief rally. Read more: What the Fed rate decision means for your money Elsewhere, the Swiss National Bank stole a march on the Fed by lowering interest rates on Thursday.

 

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الإمارات العربية المتحدة أحدث الأخبار, الإمارات العربية المتحدة عناوين

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