US Stock Market Update: Dow Jones surges over 600 pts; Apple powers 500-point jump in Nasdaq
Wednesday's rate cut in the world's largest economy was the first such move by the US central bank in more than four years, and came at a time when investors around the globe keenly looked out for the onset of an impending easing of borrowing costs.
Stock market today: Apple pulls down Nasdaq, while Dow hits record close with Fed rate cut on the horizon
Apple (AAPL): Shares of the tech giant slid more than 2% in morning trading Monday following a burst of analyst reports that suggested early demand for Cupertino's latest smartphone, iPhone 16, is lagging behind the release of last year's model around the same time period.
Shares of Apple and Caterpillar are posting strong returns Wednesday afternoon, sending the Dow Jones Industrial Average into positive territory.
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Dow Jones Futures Rise As Nike Surges On New CEO News; FedEx Dives After Earnings ReportDow Jones futures fell Friday as Nike surged after announcing a leadership change. FedEx stock plunged on earnings news.
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