The Fed's interest rate cut ignited Wall Street's enthusiasm, and US stocks reversed the wait-and-see sentiment
-
最新报道：The Federal Reserve announced its first interest rate cut of 2025 and hinted at further cuts in the future, fueling a risk-on mood on Wall Street and sending US stocks sharply higher. Thursday's gains marked a reversal from traders' initial reaction to the Fed's decision the previous day, which saw profit-taking on over-performing tech stocks. Robert Schein, chief investment officer at wealth management firm Blanke Schein, said: "The Fed cutting rates at a time when the stock market is at record highs and the economy is still growing is a very unique backdrop, as Fed rate cuts are typically associated with economic issues. This dynamic is positive for the stock market." US cryptocurrency stocks rallied in early trading, with Bullish surging over 10% after its first quarterly report since going public, returning to profitability and exceeding both earnings and guidance expectations. BMNR rose over 10%, Circle rose over 5%, and Robinhood rose over 3%.
下一篇
Coinbase Delists Major Ethereum DeFi Token: Details
- Coinbase has delisted the MKR-PERP perpetual futures contract, halting all trading and aut...
24小时热点
热点专题
418154