💨 Abstract

The article reports that Wall Street shares set record highs on Thursday following the Fed's 25 basis point interest rate cut, citing a generally eased job market and inflation moving towards its 2% target. The S&P 500, Dow Jones Industrial Average, and Nasdaq Composite all hit new all-time highs. European stocks also rose, with the broad STOXX 600 index increasing by 0.6%.

Courtesy: theprint.in