{"id":89417,"date":"2024-09-20T00:14:38","date_gmt":"2024-09-20T04:14:38","guid":{"rendered":"https:\/\/www.hedgeco.net\/news\/?p=89417"},"modified":"2024-09-19T23:48:55","modified_gmt":"2024-09-20T03:48:55","slug":"tesla-nvidia-lead-tech-heavy-nasdaq-to-one-of-best-days-of-2024-after-fed-rate-cut","status":"publish","type":"post","link":"https:\/\/hedgeco.net\/news\/09\/2024\/tesla-nvidia-lead-tech-heavy-nasdaq-to-one-of-best-days-of-2024-after-fed-rate-cut.html","title":{"rendered":"Tesla, Nvidia lead tech-heavy Nasdaq to one of best days of 2024 after Fed rate cut"},"content":{"rendered":"\n<p>(CNBC) Investors poured into tech stocks at one of the fastest clips of the year a day after the Federal Reserve&nbsp;<a href=\"https:\/\/www.cnbc.com\/2024\/09\/18\/fed-cuts-rates-september-2024-.html\">cut its benchmark interest rate<\/a>&nbsp;for the first time since 2020. Led by a 7.4% gain in shares of&nbsp;<a href=\"https:\/\/www.cnbc.com\/quotes\/TSLA\/\">Tesla<\/a>&nbsp;and a 4% jump in&nbsp;<a href=\"https:\/\/www.cnbc.com\/quotes\/NVDA\/\">Nvidia<\/a>, the Nasdaq rose 2.5% on Thursday, its fourth-sharpest rally of 2024. The biggest gain of the year for the tech-heavy index was a 3% increase on Feb. 22.<\/p>\n\n\n\n<p><a href=\"https:\/\/www.cnbc.com\/2024\/09\/19\/tesla-nvidia-lead-tech-stocks-to-one-of-best-day-of-2024-on-rate-cut.html\">To read this article:<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>(CNBC) Investors poured into tech stocks at one of the fastest clips of the year a day after the Federal Reserve&nbsp;cut its benchmark interest rate&nbsp;for the first time since 2020. Led by a 7.4% gain in shares of&nbsp;Tesla&nbsp;and a 4% [&hellip;]<\/p>\n","protected":false},"author":4,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[4],"tags":[],"class_list":["post-89417","post","type-post","status-publish","format-standard","hentry","category-syndicated"],"_links":{"self":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/89417","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/users\/4"}],"replies":[{"embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/comments?post=89417"}],"version-history":[{"count":2,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/89417\/revisions"}],"predecessor-version":[{"id":89427,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/89417\/revisions\/89427"}],"wp:attachment":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/media?parent=89417"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/categories?post=89417"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/tags?post=89417"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}