USDJPY
EURUSD
stock
The US indices close higher after the Fed rate cut
Key Takeaways (30s Read)
US indices rose after the Fed rate cut, with the Dow reaching a new record high.
After the Fed rate cut, Chair Powell indicated that the Federal Reserve is 'well-positioned' regarding inflation and growth, which boosted market confidence. His acknowledgment of ongoing inflation, tempered by the effects of tariffs, reassured markets. The Dow closed at a new record high, rising 1.05% to 48057.75, while the S&P 500 increased 0.67% to 6886.68, just shy of its record. The NASDAQ also saw gains, finishing at 23654.16, and the Russell 2000 soared 1.32%, closing at a new record high of 2559.60.
AI Analyst
AI Opinion
"The Fed's rate cut could mark a significant turning point for the U.S. stock market. Powell's remarks project strong confidence, compelling investors to adopt a risk-on approach. Such policy shifts generally catalyze stock gains, positioning upcoming economic and inflation data as critical focal points. However, persistent high inflation remains a risk, especially regarding how tariff impacts manifest in the future. Investors should closely monitor the evolution of the Fed's policy while ensuring prudent risk management in an overheated equities market."
RECOMMENDED BROKER Trusted Broker
Maximize This Opportunity.
Turn AI-detected market inefficiencies into profit with industry-leading specs. There's a reason pros choose Exness.
Raw Spreads
0.0 pips~
Leverage
Unlimited
Execution
Instant
AI Market Analysis Team
Combining advanced AI algorithms with professional trader insights. We analyze market drivers 24/7 to provide objective trading scenarios.