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S&P 500 surges to record high close on euphoria over Fed rate cut

US STOCKS-S&P 500 surges to record high close on euphoria over Fed rate cut Dow closes above 42,000 for the first time BofA expects Fed to go for 75-bp cut in Q4 US big banks rise after Fed's rate cut S&P 500 +1.70%, Nasdaq +2.51%, Dow +1.26% Adds Dow milestone number By Noel Randewich and Purvi Agarwal Sept 19 (Reuters) - The S&P 500 surged to a record high close on Thursday, the day after the Federal Reserve cut interest rates by 50 basis points and indicated more rate cuts were on the horizon
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S&P 500 surges to record high close on euphoria over Fed rate cut

US STOCKS-S&P 500 surges to record high close on euphoria over Fed rate cut Dow also posts record closing high BofA expects Fed to go for 75-bp cut in Q4 US big banks rise after Fed's rate cut S&P 500 +1.70%, Nasdaq +2.51%, Dow +1.26% Updates with official closing figures, volume numbers, advancers decliners, individual stocks By Noel Randewich and Purvi Agarwal Sept 19 (Reuters) - The S&P 500 surged to a record high close on Thursday, the day after the Federal Reserve cut interest rates by 50 b
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S&P 500 surges to record high close on euphoria over Fed rate cut

US STOCKS-S&P 500 surges to record high close on euphoria over Fed rate cut Dow also posts record closing high BofA expects Fed to go for 75-bp cut in Q4 US big banks rise after Fed's rate cut Updates to close By Noel Randewich and Purvi Agarwal Sept 19 (Reuters) - The S&P 500 surged to a record high close on Thursday, the day after the Federal Reserve cut interest rates by 50 basis points and indicated more rate cuts were on the horizon.
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S&P 500 surges to record high on euphoria over Fed rate cut

US STOCKS-S&P 500 surges to record high on euphoria over Fed rate cut S&P 500, Dow hit record highs BofA expects Fed to go for 75-bp cut in Q4 US big banks rise after Fed's rate cut S&P 500 +1.87%, Nasdaq +2.70%, Dow +1.42% Updated at 3:13 p.m. ET/1913 GM By Noel Randewich and Purvi Agarwal Sept 19 (Reuters) - The S&P 500 surged to intra-day record highs on Thursday, the day after the Federal Reserve cut interest rates by 50 basis points and indicated more rate cuts were on the horizon.
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Trump Media shares face potential sell-off as insider selling restrictions lift

Trump Media shares face potential sell-off as insider selling restrictions lift By Medha Singh and Noel Randewich Sept 19 (Reuters) - While former U .S. President Donald Trump has said he will not sell his $1.7 billion stake in Trump Media after restrictions likely expire on Thursday, other insiders could soon cash in their gains. Trump Media & Technology Group DJT.O is 57% owned by the Republican presidential candidate who told reporters last Friday that he does not plan to sell his shares.
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U.S. STOCKS Children's Place, US energy sector, retailers

BUZZ-U.S. STOCKS ON THE MOVE-Children's Place, US energy sector, retailers Eikon search string for individual stock moves: STXBZ The Day Ahead newsletter: https://refini.tv/3LI4BU7 The Morning News Call newsletter: https://refini.tv/3dKUyB8 Wall Street's main indexes soared on Thursday with the S&P 500 and the Dow hitting intraday record highs after the Federal Reserve kicked off its monetary easing cycle with half-a-percentage point reduction and forecast more interest rate cuts were on the hor
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Wall St propelled higher by broad gains after Fed kicks off easing cycle

US STOCKS-Wall St propelled higher by broad gains after Fed kicks off easing cycle For a Reuters live blog on U.S., UK and European stock markets, click LIVE/ or type LIVE/ in a news window. S&P 500, Dow hit record highs BofA expects Fed to go for 75-bp cut in Q4 US big banks rise after Fed's jumbo rate cut Weekly jobless claims stand at 219,000 Indexes up: Dow 1.03%, S&P 500 1.73%, Nasdaq 2.78% Updated at 11:49 a.m.
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U.S. STOCKS Spotify, Coursera, Tandem Diabetes Care

BUZZ-U.S. STOCKS ON THE MOVE-Spotify, Coursera, Tandem Diabetes Care Eikon search string for individual stock moves: STXBZ The Day Ahead newsletter: https://refini.tv/3LI4BU7 The Morning News Call newsletter: https://refini.tv/3dKUyB8 Wall Street rallied on Thursday with the S&P 500 hitting another intraday record high after the Federal Reserve kicked off its easing cycle with half-a-percentage point reduction and forecast more cuts were on the horizon.
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Larger Fed cut raises risks for US dollar

LIVE MARKETS-Larger Fed cut raises risks for US dollar Main U.S. indexes rally, Nasdaq up >2.0% Tech leads S&P sector gainers; utilities weakest group Euro STOXX 600 index up ~1.3% Dollar off; gold, crude up ~1%; bitcoin rallies ~4.5% U.S. 10-Year Treasury yield rises to ~3.73% Welcome to the home for real-time coverage of markets brought to you by Reuters reporters.
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Thursday data roundup: Fed hangover

LIVE MARKETS-Thursday data roundup: Fed hangover Main U.S. indexes rally, Nasdaq up >2.5% Tech leads S&P sector gainers; utilities weakest group Euro STOXX 600 index up ~1.3% Dollar off; gold, crude up ~1%; bitcoin rallies ~5% U.S. 10-Year Treasury yield rises to ~3.72% Welcome to the home for real-time coverage of markets brought to you by Reuters reporters.
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AI hiring platform Mercor backed by Dorsey, Peter Thiel in $30 mln fundraise

AI hiring platform Mercor backed by Dorsey, Peter Thiel in $30 mln fundraise Sept 19 (Reuters) - Mercor said on Thursday it raised $30 million in a funding round, that included entrepreneur Jack Dorsey and venture capitalist Peter Thiel, putting the AI hiring platform's valuation at $250 million. The Series A funding round was led by venture capital firm Benchmark's Victor Lazarte and Bill Gurley, and also saw participation from Quora CEO Adam D'Angelo and former Treasury Secretary Larry Summers
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Wall St jumps with tech stocks in the lead after Fed kicks off easing cycle

US STOCKS-Wall St jumps with tech stocks in the lead after Fed kicks off easing cycle For a Reuters live blog on U.S., UK and European stock markets, click LIVE/ or type LIVE/ in a news window. S&P 500, Dow hit record highs BofA expects Fed to go for 75-bp cut in Q4 US big banks rise after Fed's jumbo rate cut Weekly jobless claims stand at 219,000 Indexes up: Dow 0.94%, S&P 500 1.29%, Nasdaq 2.15% Updated at 09:46 a.m.
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Wall Street rallies as Fed pivot sinks in

LIVE MARKETS-Wall Street rallies as Fed pivot sinks in Major indexes rally, Nasdaq up >2% Tech leads S&P sector gainers; utilities weakest group Euro STOXX 600 index up ~1.4% Dollar ~flat; gold up; crude up ~1%; bitcoin up >4% U.S. 10-Year Treasury yield rises to ~3.74% Welcome to the home for real-time coverage of markets brought to you by Reuters reporters.
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U.S. STOCKS Rio Tinto, Darden Restaurants, DoorDash

BUZZ-U.S. STOCKS ON THE MOVE-Rio Tinto, Darden Restaurants, DoorDash Eikon search string for individual stock moves: STXBZ The Day Ahead newsletter: https://refini.tv/3LI4BU7 The Morning News Call newsletter: https://refini.tv/3dKUyB8 Wall Street was set to rally on Thursday, with the benchmark S&P 500 poised to notch a record high after the Federal Reserve kicked off its easing cycle with half-a-percentage point reduction and forecast more cuts were on the horizon.
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Wall St gears up for rally after Fed kicks off easing cycle

US STOCKS-Wall St gears up for rally after Fed kicks off easing cycle For a Reuters live blog on U.S., UK and European stock markets, click LIVE/ or type LIVE/ in a news window. BofA expects Fed to go for 75-bp cut in Q4 US big banks rise after Fed's jumbo rate cut Weekly jobless claims stand at 219,000 Futures up: Dow 1.13%, S&P 500 1.58%, Nasdaq 2.14% Updated at 8:36 a.m.
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BlackRock’s $30 bln AI fund is Big Tech’s backstop

RPT-BREAKINGVIEWS-BlackRock’s $30 bln AI fund is Big Tech’s backstop The author is a Reuters Breakingviews columnist. The opinions expressed are his own. By Robert Cyran NEW YORK, Sept 18 (Reuters Breakingviews) - Governments facing a budget squeeze can’t just stop providing roads and airports, so they turn to BlackRock BLK.N and other deep-pocketed investors to help finance construction.
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U.S. STOCKS Vistra, AppLovin, Target

BUZZ-U.S. STOCKS ON THE MOVE-Vistra, AppLovin, Target Eikon search string for individual stock moves: STXBZ The Day Ahead newsletter: https://refini.tv/3LI4BU7 The Morning News Call newsletter: https://refini.tv/3dKUyB8 U.S. stock index futures surged on Thursday, with those tracking the Nasdaq climbing nearly 2% following the Federal Reserve's move to start its easing cycle with a half a percentage point cut, aiding a soft landing for the world's biggest economy.
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Futures jump as growth stocks lead gains after Fed cuts rates

US STOCKS-Futures jump as growth stocks lead gains after Fed cuts rates For a Reuters live blog on U.S., UK and European stock markets, click LIVE/ or type LIVE/ in a news window. BofA expects Fed to go for 75-bp cut in Q4 US big banks rise after Fed's jumbo rate cut Futures up: Dow 1.1%, S&P 500 1.6%, Nasdaq 2.07% Updated at 7:17 a.m. ET/1117 GMT By Johann M Cherian and Purvi Agarwal Sept 19 (Reuters) - U.S.
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Fed rate cut boosts futures as growth stocks lead gains

US STOCKS-Fed rate cut boosts futures as growth stocks lead gains For a Reuters live blog on U.S., UK and European stock markets, click LIVE/ or type LIVE/ in a news window. Futures up: Dow 0.96%, S&P 500 1.34%, Nasdaq 1.82% Sept 19 (Reuters) - U.S. stock index futures surged on Thursday, with those tracking the Nasdaq climbing nearly 2% following the Federal Reserve's move to start its easing cycle with a half a percentage point cut, aiding a soft landing for the world's biggest economy.
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Tech stocks lead broad rally as investors cheer Fed's jumbo rate cut

BUZZ-Tech stocks lead broad rally as investors cheer Fed's jumbo rate cut ** Shares of heavyweight tech stocks jump in premarket trade , a day after the Federal Reserve delivered a larger than usual 50 bps rate cut ** Futures tied to the tech-heavy Nasdaq 100 NQcv1 gain ~2%, while S&P futures EScv1 rise 1.5% to a record high ** Apple AAPL.O , Meta Platform META.O , Microsoft MSFT.O , Nvidia NVDA.O , Amazon.com AMZN.O and Alphabet GOOGL.O rise between 1.7% and 2% ** AMD AMD.O and Broadcom AVGO.O
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