Market Report - US Close

US close: Stocks stage late rally as Powell discusses future rate cuts

By Benjamin Chiou

Date: Monday 30 Sep 2024

(Sharecast News) - US stocks registered mild gains on Monday after a late rally following comments from Federal Reserve chair Jerome Powell, who indicated that interest-rate cuts would continue - albeit by a reduced amount - in the coming months.
After swinging between gains and losses for most of the...

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