The ‘Everything Rally’ Is Back Ahead of the Fed Decision. Will It Last?

  • July 31, 2024

Technology stocks were roaring back, but the rest of the market was rising, too, ahead of today's Federal Reserve interest-rate decision. The Dow shook off some early stumbles and was up 240 points, or 0.6% shortly before noon ET. The Nasdaq Composite was the real star with a gain of 2.6%.