18 Sep 2025 | 3 Mins Read
US stock futures surge following Fed's first 2023 interest rate cut
Flipitmoney
US equity-index futures gained around 0.4% after the Federal Reserve cut borrowing costs by 25 basis points, with the S&P 500 and Nasdaq 100 contracts advancing. Treasuries fell, sending the two-year yield 5 basis points higher, while the dollar strengthened. Policymakers now see two additional quarter-point cuts this year.