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US STOCKS SNAPSHOT-Wall St surges at open after Fed kicks off easing cycle
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US STOCKS SNAPSHOT-Wall St surges at open after Fed kicks off easing cycle
Sep 19, 2024 7:08 AM

Sept 19 (Reuters) - Wall Street's main indexes jumped at

the open on Thursday, with the S&P 500 notching an intraday

record high after the Federal Reserve kicked off its easing

cycle with half-a-percentage point reduction and forecast more

cuts were on the horizon.

The Dow Jones Industrial Average rose 469.5 points,

or 1.13%, at the open to 41972.56. The S&P 500

rose 84.4 points, or 1.50%, at the open to 5702.63​,

while the Nasdaq Composite rose 407.6 points, or 2.32%,

to 17980.891 at the opening bell.

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