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After an interest rate cut in the US, S&P and Nasdaq closed the day on a high; Dow Jones ends flat

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Traders work on the floor of the New York Stock Exchange (NYSE) on August 5, 2024, in New York City. Photo: Spencer Platt/Getty Images

United States stocks closed higher this Thursday (7), after the Federal Reserve announced a 25 basis point cut in interest rates, extending a strong increase caused by Donald Trump’s return to the Presidency of the United States.

READ MORE: Fed President says Trump does not affect short-term interest rates or the length of his term

The Fed cut the benchmark interest rate by 0.25 percentage points, with policymakers highlighting a labor market that has generally eased, while inflation continues to approach the central bank’s 2% target. -American.

According to preliminary data, the S&P 500 gained 0.76% to 5,973.88 points. The Nasdaq technology index rose 1.51% to 19,269.46 points. The Dow Jones had a negative change of 0.01%, to 43,727.26 points.

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