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Home Market Research Business

Stocks Are Rising on Hopes for Fed Rate Cut

by TheAdviserMagazine
9 months ago
in Business
Reading Time: 1 min read
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Stocks Are Rising on Hopes for Fed Rate Cut
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Stocks move another leg higher as market volatility eases amid calls for deeper rate cuts in 2025.

The Dow rose 213 points, or 0.5%. The S&P 500 was up 0.4%, and the Nasdaq was 0.5% higher.

The Nasdaq and S&P 500 have both set new intraday records and are on pace to mark an all-time high at close as well. The Dow needs to gain less than 1% to mark a new intraday high.



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