The S&P 500 soared 1.7% on Thursday, Sept. 19, notching a record closing high a day after the Fed opted for an aggressive interest-rate cut.

The S&P 500 Index (SPX) fell back after Wednesday’s Federal Reserve half-percentage-point rate cut, unable to hold new highs. This is not welcome action in a market that is already overbought. The bulls now look ready to take another shot at new U.

The S&P 500 index achieved intra-day record highs after the Federal Reserve slashed interest rates by 50 basis points and signaled further cuts. Major stocks such as Tesla, Apple, and Meta Platforms saw significant gains.

The S&P 500 will remain in focus on Thursday after the index closed slightly lower following the Federal Reserve’s decision to slash its benchmark rate by 50 basis points. Monitor these important chart levels.

Good news for those building up their 401(k)s: the Dow Jones Industrial Average and S&P 500 closed at record highs after the Fed's rate cuts.

The Dow Jones and the S&P 500 surged to all-time highs in the wake of the Federal Reserve's announcement that it was lowering interest rates by half a percentage point.

The S&P 500 surged to a record high close on Thursday, the day after the Federal Reserve cut interest rates by 50 basis points and indicated more rate cuts were on the horizon. The blue chip Dow Jones Industrial Average also registered a record closing high,

The Federal Reserve on Wednesday cut interest rates with U.S. stocks trading near a record high, leaving investors searching for historical clues to the path ahead for markets. The S&P 500 briefly traded above its record close from July 16 after the Fed delivered a rate cut of 50 basis points before erasing its gain to end 0.