Dow Gains Nearly 500 Points
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Stock market today: Dow soars amid Powell's 'wait-and-see' stance after three rate cuts; Palantir jumps (live coverage)
Stock Market Today: The Dow Jones index rises Wednesday after the Fed rate cut. Microsoft stock sold off.
Shares of Dow Inc. rallied 6.40% to $24.59 Wednesday, on what proved to be an all-around favorable trading session for the stock market, with the S&P 500 Index rising 0.67% to 6,886.68 and the Dow Jones Industrial Average rising 1.
The U.S. stock market neared its all-time high after the Federal Reserve cut its main interest rate to bolster the job market, and hopes strengthened for more cuts to come in 2026.
Dow, S&P 500, Nasdaq on pause as all eyes on Fed verdict — a likely rate cut: Stocks paused today as the Dow hit 47,655.93. The S&P 500 inched to 6,841.36. The Nasdaq slipped to 23,527.45. Markets priced a 90% chance of a Fed rate cut.
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