Thursday, 19 September 2024: Markets fail to hold gains after Fed announces cuts
18 set 2024 ·
7 min. 24 sec.
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Descrizione
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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Informazioni
| Autore | Morgans Financial Limited |
| Organizzazione | Morgans Financial Limited |
| Sito | - |
| Tag |
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