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Ticker Summary (^GSPC)

1,104.51+14.41 (+1.32%)
Open 1,093.61
High 1,105.10
Low 1,093.61
Volume 2,913,051,648
Market Cap N/A
52 Week High 1,219.80
52 Week Low 1,001.65
P/E N/A
F P/E N/A
EPS N/A
Dividend N/A
Yield N/A
1 Year Target N/A

^GSPC 1,104.51 +1.32%

Stocks Rally as Fed Lowers Interest Rates by .5 Points (www.reuters.com)

Stocks rallied as the Fed lowered interest rates by .5 points to 4.75% hoping to minimize potential fall outs from the housing sector. The interest rate cut was the first rate cut in 4 years. The rate was more then most investors were expecting, and led the S&P 500 to its biggest one day gain since March 2003.

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3 years 271 days ago by Tim

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