EPISODE · Oct 9, 2024 · 41 MIN
S&P 500 rises to record higher as market shakes off October malaise 10/9/24
from Power Lunch · host CNBC
Markets are higher for a 2nd-straight day, with the S&P 500 jumping to a new record. Tech stocks are powering higher, and investors are shaking off geopolitical concerns. Stocks maintained gains after minutes from the Fed’s September meeting, where it cut by a half percentage point, revealed that a “substantial majority of participants” favored cutting rates by the larger size. We’ll tell you all that you need to know. Hosted by Simplecast, an AdsWizz company. See pcm.adswizz.com for information about our collection and use of personal data for advertising.
What this episode covers
Markets are higher for a 2nd-straight day, with the S&P 500 jumping to a new record. Tech stocks are powering higher, and investors are shaking off geopolitical concerns. Stocks maintained gains after minutes from the Fed’s September meeting, where it cut by a half percentage point, revealed that a “substantial majority of participants” favored cutting rates by the larger size. We’ll tell you all that you need to know.
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S&P 500 rises to record higher as market shakes off October malaise 10/9/24
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