Stock market today: S&P 500, Dow back away from records as Fed cheer fizzles
The S&P 500 ( ^GSPC) fell roughly 0.3%, after the benchmark index ended at an all-time high. The Dow Jones Industrial Average ( ^DJI) traded steady on the heels of notching its own record close. Leading the way lower, contracts on the tech-heavy Nasdaq Composite ( ^IXIC) dropped 0.3%.
Stock Market Today: Dow falls over 100 points as stocks end volatile session lower after Fed's half-point rate cut
U.S. stocks rose after the Federal Reserve lowered its benchmark interest rates by 50 basis points to a range of 4.75% to 5%. That was the first rate cut in over four years that marked the beginning of a monetary-easing cycle in the world's largest economy.
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Investor's Business Daily on MSN15m
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Investor's Business Daily on MSN18h
Dow Jones, S&P 500 Close At Record Highs In Bullish Follow Up To Fed Pivot (Live Coverage)Dow Jones stocks jumped more than 400 points after the Fed cut rates by 50 basis points Wednesday. Nvidia soared past a key ...
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