Fed’s First Rate Cut Since 2024 Sparks Market Whiplash – Dow Rallies as Tech Stocks Tumble
Market Overview: Indices & Sectors Wall Street wrapped up September 17 with a split decision. The blue-chip Dow Jones Industrial Average climbed 0.56% to close around 46,013 Reuters, extending its uptrend thanks in part to strength in financial and industrial stocks. The S&P 500 eased 0.1% to ~6,600 Reuters, and the tech-heavy Nasdaq Composite fell 0.33% to ~22,261 Reuters. Earlier…