On the day the Federal Reserve cut interest rates, the S&P 500 index initially closed up 0.6%, the industrial and raw materials sectors rose more than 1.8%, the consumer, healthcare, finance, and energy sectors rose more than 1%, and the technology sector rose slightly. The Nasdaq 100 index initially closed up 0.3%. Among the constituent stocks, ODFL rose 5.5%, Shopify rose 5.3%, Regenerative Pharmaceuticals rose 5.3%, Micron Technology rose 4.5%, Warner Bros. WBD rose 4.5%, Strategy fell 1.8%, Microsoft fell 2.8%, AppLovin fell 3%, and Netflix, Doordash, and MercadoLibre fell at least 4.3%. Nike initially closed up 3.8%, Caterpillar rose 3.4%, leading the Dow's constituent stocks, Amazon rose 1.7%, and Microsoft's performance was at the bottom.

On the day the Federal Reserve cut interest rates, the S&P 500 index initially closed up 0.6%, the industrial and raw materials sectors rose more than 1.8%, the consumer, healthcare, finance, and energy sectors rose more than 1%, and the technology sector rose slightly. The Nasdaq 100 index initially closed up 0.3%. Among the constituent stocks, ODFL rose 5.5%, Shopify rose 5.3%, Regenerative Pharmaceuticals rose 5.3%, Micron Technology rose 4.5%, Warner Bros. WBD rose 4.5%, Strategy fell 1.8%, Microsoft fell 2.8%, AppLovin fell 3%, and Netflix, Doordash, and MercadoLibre fell at least 4.3%. Nike initially closed up 3.8%, Caterpillar rose 3.4%, leading the Dow's constituent stocks, Amazon rose 1.7%, and Microsoft's performance was at the bottom.