Dow Jones surges 500 points as Fed boosts stock market rebound

The Dow exploded 558 points on Wednesday after the Federal Reserve confirmed that it still plans to cut interest rates twice this year. This sent stocks soaring, wiping out a chunk of the market’s recent losses. The S&P 500 rose 1.7%, and the Nasdaq Composite jumped more than 2%, giving investors a much-needed rally after […] source: https://www.cryptopolitan.com/dow-jones-surges-as-fed-boosts-stock-market/