Reported about 2 hours ago
US stock markets are rallying as Nasdaq futures lead the gains following the Federal Reserve's decision to cut interest rates for the first time this year, with further cuts expected in the coming months. The Dow Jones and S&P 500 are also on the rise, with the S&P 500 poised to cross 6,700 at the market's open. Investors are anticipating more job market insights as weekly unemployment claims are released, amidst concerns over the economic implications of the Fed's recent rate decisions.
Source: YAHOO