Advertisement
Today’s stock market saw high trading volumes and notable gains as investors digested the Federal Reserve’s decision to cut interest rates by 50 basis points to a range of 4.75%–5%. The Fed’s move reflects growing confidence in controlling inflation while maintaining economic growth.
- NVIDIA Corporation (NVDA) traded 170.625M shares, rising +0.62% to close at $116.31.
- Tesla, Inc. (TSLA) surged +1.96% to $232.34, with 47.940M shares exchanged.
- Apple Inc. (AAPL) saw a significant increase, gaining +2.26% to close at $221.69 on 35.969M shares.
- Intel Corporation (INTC) slipped -0.88% to $21.28, trading 66.734M shares.
- SoFi Technologies, Inc. (SOFI) rose +2.22% to $8.30, trading 36.688M shares.
Among the other active stocks, Grab Holdings Limited (GRAB) increased +2.13% with 72.618M shares traded, while NIO Inc. (NIO) faced a decline of -5.18%, closing at $5.13 with 44.005M shares traded.