US stocks rallied on Thursday as the Federal Reserve cut interest rates for the first time in 2025 and hinted at further cuts to come. Thursday's rally marked a reversal of traders' initial reaction to the Fed's decision to take profits on overpriced technology stocks.
Robert Schein, chief investment officer at wealth manager Blanke Schein, said: "The Fed cutting interest rates at a time when the stock market is at an all-time high and the economy is still growing is a very unique context because Fed rate cuts are usually tied to economic issues. This dynamic is good for the stock market."
The Federal Reserve's interest rate cut ignited Wall Street's enthusiasm, and U.S. stocks reversed wait-and-see sentiment
2025-09-18 13:56:04
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纳指日内涨幅达1%，标普500指数现涨0.67%
