{"id":52593,"date":"2024-09-18T14:05:01","date_gmt":"2024-09-18T18:05:01","guid":{"rendered":"https:\/\/www.businessupturn.com\/usa\/?p=52593"},"modified":"2024-09-18T14:09:37","modified_gmt":"2024-09-18T18:09:37","slug":"stock-market-news-nasdaq-jumps-0-85-as-federal-reserve-announces-first-rate-cut-since-2020","status":"publish","type":"post","link":"https:\/\/www.businessupturn.com\/usa\/stock-market-news-nasdaq-jumps-0-85-as-federal-reserve-announces-first-rate-cut-since-2020\/52593\/","title":{"rendered":"Stock market news: Nasdaq jumps 0.85% as Federal Reserve announces first rate cut since 2020"},"content":{"rendered":"<p>Following the Federal Reserve\u2019s unexpected decision to cut interest rates by 50 basis points, U.S. stock markets have surged across the board.<\/p>\n<ul>\n<li>The S&P 500 rose 39.87 points, or 0.71%, to close at 5,674.45.<\/li>\n<li>The Dow 30 gained 261.86 points, or 0.63%, reaching 41,868.04.<\/li>\n<li>The Nasdaq climbed 149.67 points, or 0.85%, to finish at 17,777.73.<\/li>\n<\/ul>\n<p>Investors reacted positively to the rate cut, signaling confidence in the Fed\u2019s measures to support economic growth amidst current market uncertainties. All major indices closed in the green, reflecting a strong rebound in the aftermath of the announcement.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Following the Federal Reserve\u2019s unexpected decision to cut interest rates by 50 basis points, U.S. stock markets have surged across\u2026<\/p>\n","protected":false},"author":1,"featured_media":48648,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[73],"tags":[],"class_list":["post-52593","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-us-markets"],"reading_time":"1 min read","_links":{"self":[{"href":"https:\/\/www.businessupturn.com\/usa\/wp-json\/wp\/v2\/posts\/52593","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.businessupturn.com\/usa\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.businessupturn.com\/usa\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.businessupturn.com\/usa\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.businessupturn.com\/usa\/wp-json\/wp\/v2\/comments?post=52593"}],"version-history":[{"count":0,"href":"https:\/\/www.businessupturn.com\/usa\/wp-json\/wp\/v2\/posts\/52593\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.businessupturn.com\/usa\/wp-json\/wp\/v2\/media\/48648"}],"wp:attachment":[{"href":"https:\/\/www.businessupturn.com\/usa\/wp-json\/wp\/v2\/media?parent=52593"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.businessupturn.com\/usa\/wp-json\/wp\/v2\/categories?post=52593"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.businessupturn.com\/usa\/wp-json\/wp\/v2\/tags?post=52593"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}