US stocks jump at open day after selloff on Fed rate cut caution
- Posted on December 19, 2024
- By Business News Today
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US stocks jump at open day after selloff on Fed rate cut caution
Wall Street's main indexes broadly rose at the open on Thursday, a day after the Federal Reserve's projections of fewer-than-expected interest rate cuts and higher inflation next year wrong footed some investors and pummeled U.S. stocks.