Reported 18 days ago
On September 20, 2024, US stocks ended mixed with the Dow Jones Industrial Average achieving another record close above 42,000, fueled by optimistic reactions to the Federal Reserve's recent rate cuts. However, the S&P 500 fell 0.2% and the Nasdaq Composite dropped 0.4%. Key movements included a surge in Intel shares amid takeover rumors from Qualcomm, while FedEx posted disappointing earnings, leading to a decline in its stock. Despite a shaky Friday, the week concluded positively for the markets.
Source: YAHOO