Wall Street rebounds sharply after Fed's emergency rate cut

This post was originally published on this site

(Reuters) – U.S. stocks indexes surged on Tuesday after the Federal Reserve cut interest rates by a half percentage point in an emergency move designed to shield the world’s largest economy from the impact of the coronavirus.

At 10:02 a.m. ET, the was up 319.24 points, or 1.20%, at 27,022.56, the S&P 500 was up 38.33 points, or 1.24%, at 3,128.56. The was up 100.59 points, or 1.12%, at 9,052.75.

Disclaimer: Fusion Media would like to remind you that the data contained in this website is not necessarily real-time nor accurate. All CFDs (stocks, indexes, futures) and Forex prices are not provided by exchanges but rather by market makers, and so prices may not be accurate and may differ from the actual market price, meaning prices are indicative and not appropriate for trading purposes. Therefore Fusion Media doesn`t bear any responsibility for any trading losses you might incur as a result of using this data.

Fusion Media or anyone involved with Fusion Media will not accept any liability for loss or damage as a result of reliance on the information including data, quotes, charts and buy/sell signals contained within this website. Please be fully informed regarding the risks and costs associated with trading the financial markets, it is one of the riskiest investment forms possible.

Add Comment