Stock Market Today: Asian Markets Forge Higher After Fed’s First Rate Cut in Over 4 Years

Sep 19, 2024

Asian markets forged higher on Thursday after the Federal Reserve kicked off its efforts to prevent a recession in the U.S. with a bigger-than-usual cut to interest rates. In Tokyo, the Nikkei 225 index jumped 2.5% to 37,284.43. Hong Kong’s Hang Seng gained 1% to 17,840.93. The Shanghai Composite …

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