Wall Street’s main indexes jumped at the open on Thursday (Sep 19), with the S&P 500 notching an intraday record high after the Federal Reserve kicked off its easing cycle with half-a-percentage point reduction and forecast more cuts were on the horizon.
The Dow Jones Industrial Average rose 469.5 points, or 1.13 per cent, at the open to 41,972.56.
The S&P 500 rose 84.4 points, or 1.50 per cent, at the open to 5,702.63, while the Nasdaq Composite rose 407.6 points, or 2.32 per cent, to 17,980.891 at the opening bell. REUTERS
