S&P 500 and Dow hit record highs after Fed cuts rates, positive.

From Google: 2024-09-21 13:39:59

The S&P 500 and Dow Jones both hit record highs following the Federal Reserve’s rate cut. This move is expected to positively impact 401(k) retirement accounts, allowing investors to see potential growth in their portfolios. The rate cut aims to bolster the economy amid ongoing concerns about global trade tensions and slowed business investment. Financial experts suggest that the record highs indicate a strong market performance and provide investors with more opportunities for returns on their investments. Stay updated on how these changes could affect your retirement savings and overall financial goals.



Read more at Google: S&P 500, Dow hit record highs after Fed cuts rates. What it means for your 401(k). – USA TODAY