Stocks Rise With Jumbo Fed Cut Back On The Table

US stocks gained momentum on Friday afternoon, setting the stage for strong weekly wins after Wall Street’s expectations for a jumbo interest rate cut by the Federal Reserve shot up overnight. The S&P 500 (^GSPC) rose 0.7 per cent while the tech-heavy Nasdaq Composite (^IXIC) climbed 0.8 per cent to point to a fifth day...The post Stocks Rise With Jumbo Fed Cut Back On The Table first appeared on New Telegraph.The post Stocks Rise With Jumbo Fed Cut Back On The Table appeared first on New Telegraph.

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