S&P 500, Nasdaq jump as markets digest Fed’s big rate cut: Yahoo Finance

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The Dow Jones Industrial Average, S&P 500, and Nasdaq (^DJI,^GSPC, ^IXIC) are set to recoup Wednesday’s losses. All three of the major indexes closed lower after the Federal Reserve cut its benchmark rate by 50 basis points. In a press conference after the decision, Chair Jerome Powell called the move a “recalibration” of the central bank’s monetary policy. Trending tickers on Yahoo Finance include Nvidia (NVDA), Alibaba Group (BABA), and Tesla (TSLA).

Key guests include:
9:05 a.m. ET - Dennis Lockhart, Federal Reserve Bank of Atlanta Former President
9:15 a.m. ET - Kathy Bostjancic, Nationwide Chief Economist & Senior Vice President

10:05 a.m. ET - Scott Chronert, Citi Head of U.S. Equity Strategy
10:30 a.m. ET - Joanna Geraghty, JetBlue CEO
10:45 a.m. ET - Mike Sievert, T-Mobile CEO
11:20 a.m. ET - Rohit Chopra, CFPB Director

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