U.S. Stock Markets Reach New Heights Amid Rate Cut Hopes

Reported 26 days ago

On September 13, 2024, U.S. stock indexes surged, with the S&P 500 advancing by 0.5%, nearing its all-time high, supported by easing Treasury yields and growing expectations for a significant interest rate cut by the Federal Reserve next week. The Dow Jones increased by 0.7%, while the Nasdaq composite also rose by 0.7%. Over the week, the S&P 500 gained 4%, and for the year, it has climbed 18%.

Source: YAHOO

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