Stock market today: Dow, S&P 500, Nasdaq futures surge as Fed fires up rally
https://s.yimg.com/ny/api/res/1.2/IckJt9Xn3Q3075ZJDUkj6Q--/YXBwaWQ9aGlnaGxhbmRlcjt3PTEyMDA7aD04MDA-/https://s.yimg.com/os/creatr-uploaded-images/2024-02/ab88b200-da08-11ee-bffa-401303ba08ec
https://finance.yahoo.com/news/live/stock-market-today-dow-sp-500-nasdaq-futures-surge-as-fed-fires-up-rally-105555192.html
US stock futures spiked on Thursday following the Federal Reserve's significant interest-rate cut, signaling positive investor sentiment and potential market growth. The decision to initiate a new rate cycle with a 50 basis point cut is seen as a proactive measure to safeguard against recession risks. Major tech companies like Alphabet, Microsoft, Meta, Apple, Tesla, and Nvidia experienced stock price increases. Analysts anticipate further rate cuts by the Fed in the coming months, as market focus shifts towards economic data and potential market fluctuations.