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What will be the closing value of the Dow Jones Industrial Average on December 31, 2024?
4
Resolution / Starting Odds
Below 42,000 • 25%
42,000 to 44,999 • 25%
45,000 to 47,999 • 25%
Above 48,000 • 25%
Closing price of the Dow Jones Industrial Average as reported by major financial news outlets such as Bloomberg, Reuters, or official stock exchange data
Story
S&P 500 and Dow Jones Hit Record Highs After Fed's Rate Cut, Up 1.7% and 11%
Sep 19, 2024, 08:09 PM
The US stock market reached new record highs on September 19, 2024, following the Federal Reserve's decision to implement a half-point interest rate cut. The S&P 500 closed at 5,713.6, marking a 1.7% increase and its 39th record high of the year, extending its 2024 surge to approximately 20%. The Dow Jones Industrial Average also set a new record, closing above 42,000 for the first time at 42,025, an 11% increase for the year. The S&P 500 is up 32% year/year and hit its first record since July. Wall Street traders are optimistic that the Federal Reserve's actions will help engineer a soft landing for the economy, contributing to the market's strong performance.
View original story
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