{"id":52615,"date":"2024-09-18T14:35:05","date_gmt":"2024-09-18T18:35:05","guid":{"rendered":"https:\/\/www.businessupturn.com\/usa\/?p=52615"},"modified":"2024-09-18T14:37:30","modified_gmt":"2024-09-18T18:37:30","slug":"stock-market-jump-as-fed-chairs-speech-begins-sp-500-up-0-65-dow-30-gains-0-60-nasdaq-surges-1-11","status":"publish","type":"post","link":"https:\/\/www.businessupturn.com\/usa\/stock-market-jump-as-fed-chairs-speech-begins-sp-500-up-0-65-dow-30-gains-0-60-nasdaq-surges-1-11\/52615\/","title":{"rendered":"Stock Market jump as Fed Chair\u2019s speech begins: S&P 500 up 0.65%, Dow 30 gains 0.60%, Nasdaq surges 1.11%"},"content":{"rendered":"<p>As Federal Reserve Chair Jerome Powell began his highly anticipated speech, U.S. markets reacted positively following the Fed\u2019s recent decision to cut interest rates by 50 basis points. The S&P 500 rose 36.40 points to 5,670.98 (+0.65%), the Dow 30 climbed 248.47 points to 41,854.65 (+0.60%), and the Nasdaq surged 196.52 points to 17,824.58 (+1.11%). Investors are responding with optimism as they closely monitor Powell\u2019s remarks and the Fed\u2019s next steps.<\/p>\n<p>Investors responded with optimism to Powell\u2019s remarks as markets continue to watch the Fed\u2019s next moves closely.<\/p>\n<p>Data as on time of publishing this article.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>As Federal Reserve Chair Jerome Powell began his highly anticipated speech, U.S. markets reacted positively following the Fed\u2019s recent decision\u2026<\/p>\n","protected":false},"author":1,"featured_media":52610,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[73],"tags":[18078],"class_list":["post-52615","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-us-markets","tag-jerome-powell"],"reading_time":"1 min read","_links":{"self":[{"href":"https:\/\/www.businessupturn.com\/usa\/wp-json\/wp\/v2\/posts\/52615","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=52615"}],"version-history":[{"count":0,"href":"https:\/\/www.businessupturn.com\/usa\/wp-json\/wp\/v2\/posts\/52615\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.businessupturn.com\/usa\/wp-json\/wp\/v2\/media\/52610"}],"wp:attachment":[{"href":"https:\/\/www.businessupturn.com\/usa\/wp-json\/wp\/v2\/media?parent=52615"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.businessupturn.com\/usa\/wp-json\/wp\/v2\/categories?post=52615"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.businessupturn.com\/usa\/wp-json\/wp\/v2\/tags?post=52615"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}