"The Fed finally ripped the band-aid off and cut 50 bps with a dovish dot plot into 2025 that we view as a very bullish backdrop," Dan Ives said.

The Dow Jones and S&P 500 hit new highs and the Nasdaq topped key levels as growth led the day 2 reaction to Fed rate cuts.

Asian stocks extended a rally in global equities as jobs data backed the view that the US economy is headed for a soft landing. The yen edged lower before a Bank of Japan policy decision.

The yen remained under pressure on Friday as investors wagered the Bank of Japan (BOJ) would wrap up a policy meeting ...

Investing.com-- U.S. stock index futures fell slightly in evening deals on Thursday after a bumper interest rate cut by the ...