Jumbo-sized rate cut: Fed slashes rates by a half percentage point
Let's see what happens now!!
Dow jumps 300 points after Fed cuts rates by a half point
Stocks climbed Wednesday midday as investors cheered the Federal Reserve’s decision to cut interest rates by a half point.
The Dow rose 303 points, or 0.7%. The S&P 500 gained 0.7% and the Nasdaq Composite added 0.9%.