US Stocks Extend Gains After Fed

2025-12-10 20:07 By Joana Taborda 1 min. read

The Dow Jones extended gains, closing 1.1% higher, while the S&P 500 rose 0.7% and the Nasdaq reversed early losses to end 0.4% higher on Wednesday as traders reacted to the FOMC decision and Fed Chair Powell’s remarks.

The Fed cut the fed funds rate by 25bps as expected and projected one additional rate cut next year, in line with its September outlook.

During the press conference, Powell noted that the current discussion centers on whether to stop cutting now or to lower rates “a little” or “more than a little” further, while virtually ruling out a rate hike.

Traders increased their bets on further easing and are now pricing in a 68% chance that the Fed will cut rates two or more times next year.

Industrials was the top performer.

Amazon gained 1.7% after unveiling plans to invest $35 billion in India over the next five years.

JPMorgan also soared 3.2%.

In contrast, Microsoft slid 2.8% after announcing a $17.5 billion investment in India over the next four years.



News Stream
US Stocks Slip Back into the Red Amid Volatile Trading
US stocks fell on Thursday, with the S&P 500 slipping 0.3%, the Nasdaq dropping 0.4%, and the Dow Jones losing roughly 200 points, though all three pared larger losses seen earlier in the session. A report that Iran is drafting a protocol with Oman to monitor traffic through the Strait of Hormuz helped ease some market pressure. Nevertheless, volatility is likely to persist amid escalating rhetoric from President Trump and crude oil prices remaining near 2022 highs. Yesterday, Trump vowed to take more aggressive action against Iran. Sector performance was mixed: consumer discretionary stocks underperformed, while utilities led gains. Tesla shares tumbled about 5% after reporting weak first-quarter deliveries. Meta declined over 1%, Nvidia edged up 0.5%, and Netflix rose around 2.6%. The US stock market will be closed on Friday in observance of the Easter holiday.
2026-04-02
US Stocks Attempt a Rebound
The three major US indices pared early losses to trade around the flatline on Thursday, with the Dow Jones recovering from an initial drop of around 600 points. Both the S&P 500 and the Nasdaq had fallen more than 1% earlier in the session before rebounding. A report that Iran is drafting a protocol with Oman to monitor traffic through the Strait of Hormuz helped to ease some pressure but volatility is expected to persist amid escalating rhetoric from President Trump and as crude prices remain near 2022 highs. Yesterday, Trump pledged to take more aggressive action against Iran. Consumer discretionary stocks underperformed, while energy, utilities, and real estate led gains. Tesla shares fell about 4% after reporting weak first-quarter deliveries. Meta declined roughly 1%, while Nvidia rose 0.3% and Netflix gained around 2%. The US stock market will be closed on Friday for the Easter holiday.
2026-04-02
The Dow Jones Index Opens 0.90% Lower
The Dow Jones Index is losing -418 points. Losses were led by Sherwin-Williams (-3.81%), Nike (-2.98%) and Home Depot (-2.66%). Offsetting the fall, top gainers were Chevron (2.92%), J&J (0.96%) and Walmart (0.69%).
2026-04-02