From Google: 2024-07-31 16:01:16

Stocks soar as the Fed hints at a possible rate cut in September. Nvidia leads the pack with a 12% surge, driving the tech sector higher. Investors are optimistic about the potential for cheaper borrowing costs. Powell’s comments reinforce expectations for a cut, sparking a rally across the market. This news signals a positive outlook for the stock market in the coming months.



Read more at Google: Stock market news today: Stocks soar, Nvidia surges 12%, as Fed, Powell pave way for September rate cut – Yahoo Finance