Records Broken On Wall Street Post-Rate Cut

Tim Mulholland, President, TJM Limited, Chicago

20-Sep-24 07:00

Records Broken On Wall Street Post-Rate Cut

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Two days after the US Federal Reserve announced a 50-basis-point rate cut, equities reacted strongly with the Dow Jones and S&P500 indices closing at record highs, and above key resistance levels. Tim Mulholland, President at TJM Limited in Chicago analyses the market response and where there might be opportunities for investors going forward.

Image Credit: shutterstock.com

Produced by: Tun Hizami Hashim

Presented by: Shazana Mokhtar, Keith Kam

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Categories: markets, economy

Tags: us fed rate cuts, us fed reserve, s&p500, dow jones, wall street,

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