How major US stock indexes fared Monday, 9/16/2024
The Dow Jones Industrial Average closed at another all-time high after recouping its losses from early September
By The Associated Press
Published - Sep 16, 2024, 04:16 PM ET
Last Updated - Dec 16, 2024, 07:12 PM EST
The Dow Jones Industrial Average closed at another all-time high after recouping its losses from early September.
The S&P 500 rose close to its own record, but was held back by losses in Big Tech companies like Apple and Nvidia. The Dow added 0.6% Monday, the S&P 500 rose 0.1%, and the Nasdaq composite fell 0.5%.
The mixed results came ahead of the most anticipated meeting of the Federal Reserve in years. More traders are betting that the Fed will cut its main interest rate Wednesday by a larger-than-usual amount in a bid to shore up the economy.
On Monday:
