Dow hovers near 42K, heads for winning week after Fed rate cut 9/20/24

Update: 2024-09-20

Description

Stocks are mixed today, but higher for the week following the Fed’s decision to cut rates by a half-percentage point. But today’s big story: Apple’s iPhone 16 going on sale amid some concerns about demand. We’ll track that for you. Plus, shares of Nike are higher after the company announced a change in leadership. We’ll discuss the challenges facing the incoming CEO.

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Dow hovers near 42K, heads for winning week after Fed rate cut 9/20/24

#box-pro-ellipsis-173127117661365{-webkit-line-clamp:2;}Dow hovers near 42K, heads for winning week after Fed rate cut 9/20/24

Dow hovers near 42K, heads for winning week after Fed rate cut 9/20/24

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Dow hovers near 42K, heads for winning week after Fed rate cut 9/20/24