Wall Street romped to records Thursday as a delayed jubilation swept markets worldwide following the Federal Reserve’s big cut to interest rates. The S&P 500 jumped 1.7% for one of its best days of the year and topped its last all-time high set in July.

U.S. stock index futures surged on Thursday, with those tracking the Nasdaq climbing nearly 2% following the Federal Reserve's move to start its easing cycle with a half a percentage point cut, aiding a soft landing for the world's biggest economy.

Ahead of the expected interest rate cut announcement by the Federal Reserve U.S. stock indexes are holding close to their records. The S & P 500 was little changed in early trading Wednesday while the Dow Jones Industrial Average slipped 71 points,

The dollar slipped on Wednesday even as Treasury yields edged higher and global stocks steadied as traders weighed the odds of a super-sized Federal Reserve interest rate cut later in the day. The U.S.

Wall Street is holding near its records after the Federal Reserve kicked off its efforts to prevent a recession with a bigger-than-usual cut to interest rates. The S&P 500 was

US stock indexes edged lower on Wednesday in a volatile day of trading after the Federal Reserve began its latest easing cycle with an aggressive 50-basis point cut. After the announcement, Fed chairman Jerome Powell said inflation has eased “significantly” over the past two years,