Big Fed Cut Sparks Market Volatility

Written By Timmy Adami

September 18, 2024

MRKT Matrix - Wednesday, September 18th

  • Dow closes lower, giving up 375-point pop after big Fed rate cut (CNBC)

  • The Fed finally cuts rates. What the stock market historically does from here (CNBC)

  • Bowman Dissent Over Cut Is First From a Fed Governor Since 2005 (Bloomberg)

  • Exclusive: CEOs signal hiring pullback (Axios)

  • Apple could fall to $200 on iPhone worries and that’s when you buy, says Morgan Stanley (CNBC)

  • Microsoft, BlackRock Plan $30 Billion AI Infrastructure Fund (Barron’s)

  • Get Ready to See Stock Prices in Half-Pennies (WSJ)

  • U.S. Importers Are Pulling in Goods Early as Possible Port Strike Draws Closer (Bloomberg)

Timmy Adami
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