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Apr
Apr
Stock Markets Rally as Fed Signals Potential Rate Cuts; Tech Stocks Lead Gains
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News Editor / 5 months
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- 1 min read
Investors breathed a sigh of relief on Wednesday as major U.S. stock indices surged following remarks from Federal Reserve Chair Jerome Powell hinting at possible interest rate cuts later this year. The S&P 500 climbed 1.8%, while the Nasdaq Composite jumped 2.4%, led by strong performances from tech giants like Nvidia (NVDA), Apple (AAPL), and Microsoft (MSFT). Powell, speaking at an economic forum, acknowledged […]