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Market
Which major index will have the highest percentage gain by December 31, 2024?
2
Resolution / Starting Odds
S&P 500 • 25%
Dow Jones Industrial Average • 25%
NASDAQ Composite • 25%
Russell 2000 • 25%
Performance data of major indexes as reported by financial news outlets like Bloomberg or Reuters
Story
Wall Street, S&P 500, Dow Hit Record Highs After Fed's 50 Basis-Point Rate Cut
Sep 19, 2024, 10:10 PM
Wall Street reached all-time highs following a significant interest rate cut by the Federal Reserve. The S&P 500 closed at a record high after the Fed cut US interest rates by 50 basis points. This substantial rate cut has invigorated a market rally, with several major stock indexes, including the Dow, surging to record highs. The Federal Reserve has also indicated that more rate cuts could be on the horizon. The S&P 500 was on course to notch a record on Thursday, driven by euphoria over the rate cut.
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Dow Jones Industrial Average • 25%
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NASDAQ Composite • 25%
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Russell 2000 • 25%
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