Records Broken On Wall Street Post-Rate Cut
Tim Mulholland, President, TJM Limited, Chicago
20-Sep-24 07:00
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Two days after the US Federal Reserve announced a 50-basis-point rate cut, equities reacted strongly with the Dow Jones and S&P500 indices closing at record highs, and above key resistance levels. Tim Mulholland, President at TJM Limited in Chicago analyses the market response and where there might be opportunities for investors going forward.
Image Credit: shutterstock.com
Produced by: Tun Hizami Hashim
Presented by: Shazana Mokhtar, Keith Kam
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Tags: us fed rate cuts, us fed reserve, s&p500, dow jones, wall street,
