The Dow Jones and S&P 500 hit new highs and the Nasdaq topped key levels as growth led the day 2 reaction to Fed rate cuts.
Dow Jones futures jumped 500 points Thursday after the big Fed rate cut Wednesday. Nvidia and Tesla rallied to key levels.
The Dow Jones Industrial Average also traded at a record, up 1.5%. The Nasdaq Composite surged 3%, led by soaring tech ...
"The Fed is more worried about the labor market and less concerned about inflation at this point," a Glenmede analyst said.