Bilbo
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G'day, mooers! Check out the latest news on today's stock market!
• Nvidia All-Time High Right Before the Bell on Record Day
• ASX Soars to New Heights as Miners Surge
• Stocks to watch: HUB, TLS
Wall Street Summary
The US stock market saw positive gains on Monday, leading to all-time highs and closing highs for two indexes. Just after the close, the $S&P 500 Index (.SPX.US)$ climbed 77 bps to a high and closing high, the $Dow Jones Industrial Average (.DJI.US)$ climbed 4...
• Nvidia All-Time High Right Before the Bell on Record Day
• ASX Soars to New Heights as Miners Surge
• Stocks to watch: HUB, TLS
Wall Street Summary
The US stock market saw positive gains on Monday, leading to all-time highs and closing highs for two indexes. Just after the close, the $S&P 500 Index (.SPX.US)$ climbed 77 bps to a high and closing high, the $Dow Jones Industrial Average (.DJI.US)$ climbed 4...
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Bilbo
voted
Hello mooers!
The US Federal Reserve announced a 0.5% interest rate cut on Sep 18th, which marks the start of the first monetary policy easing cycle after four years. Historical data from iCapital indicates that stocks typically rise after a rate cut, and still perform well over the 6 to 12 months following the cut, especially if there is no recession.
With this exciting news in mind, we're about to dive into three new moomoo features...
The US Federal Reserve announced a 0.5% interest rate cut on Sep 18th, which marks the start of the first monetary policy easing cycle after four years. Historical data from iCapital indicates that stocks typically rise after a rate cut, and still perform well over the 6 to 12 months following the cut, especially if there is no recession.
With this exciting news in mind, we're about to dive into three new moomoo features...
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