The Federal Reserve cut interest rates by 25 basis points, and Nvidia's total market value stands at the 5 trillion dollar mark
2025-10-29 20:01:43
The Federal Reserve cut interest rates for the second time in a row by 25 basis points and announced that it would stop QT in December. Powell said that interest rate cuts may be suspended in December. The three major U.S. stock indexes closed mixed, with the Nasdaq up 0.55%, the S & P 500 closed flat, and the Dow fell 0.16%. Nvidia rose about 3%, and the total market value stood at the $5 trillion mark. Apple rose slightly, closing with a total market value of more than $4 trillion for the first time.
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