Thursday, 19 September 2024: Markets fail to hold gains after Fed announces cuts
18 de sep. de 2024 ·
7m 24s
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Descripción
US equity markets failed to hold initial gains that came after the Federal Reserve delivered -50 basis point interest rate cut and that had lifted both the S&P 500 and...
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US equity markets failed to hold initial gains that came after the Federal Reserve delivered -50 basis point interest rate cut and that had lifted both the S&P 500 and Dow to fresh record intra-day highs - Dow fell -103-points or -0.25%, having rallied ~376-points immediately following the Fed’s rate announcement and lifting the 30-stock index to a record intra-day peak just shy of 41,982. Intel Corp fell -3.26% to be the worst performing Dow component, having rallied over >10% in the preceding three sessions.
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Información
| Autor | Morgans Financial Limited |
| Organización | Morgans Financial Limited |
| Página web | - |
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