The Dow was up 1.3%, or nearly 600 points, and near session highs. Shares of Nike NKE, American Express AXP, and Johnson & Johnson JNJ led the charge. Tech leaders were mixed with Nvidia NVDA and Microsoft MSFT declining while Salesforce CRM and Cisco CSCO advanced. The S&P 500 picked up 0.8% after losing ground earlier.
Stock market today: Dow soars amid Powell’s ‘wait-and-see’ stance after three rate cuts; Palantir jumps (live coverage)
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