Wall Street is roaring toward records as a delayed reaction of jubilation sweeps markets worldwide following the Federal Reserve’s big cut to interest rates. The S&P 500 was 1.6% higher in early trading Thursday and above its all-time closing high set in July.

Wall Street jumps to record highs as global markets cheer Fed rate cut.

Wall Street indexes soared to record highs following the Federal Reserve's significant interest rate cut, which enhanced investor risk appetite. Major tech stocks like Microsoft and Apple saw gains, alongside smaller companies.

U.S. stock indexes remained stuck in place as Wall Street waited for the Federal Reserve to make its first interest rate cut in more than four years.

Wall Street is holding near its records after the Federal Reserve kicked off its efforts to prevent a recession with a bigger-than-usual cut to interest rates.

Wall Street ticked slightly higher as markets awaited an expected interest rate cut by the U.S. Federal Reserve, the first in more than four years.

Fed Chair Jerome Powell announced a half percent cut to benchmark interest rates on Wednesday — the first cut since March 2020. While a half percent cut is considered large, Massachusetts Sen. Elizabeth Warren wanted more.

Most of the U.S. stock market edged lower after the Federal Reserve kicked off its efforts to prevent a recession with a bigger-than-usual cut to interest rates.

The Fed meets this week. Read why inflation trends and other economic metrics justify a 0.5% interest rate cut. Explore more details here.

Wall Street investors are betting the Federal Reserve will more likely opt for a jumbo interest rate cut over a quarter-point cut, according to the latest data. Futures on the Fed funds rate, which measures the cost of unsecured overnight loans between banks,