Video Details

Date Oct 19, 2024
Duration 00:00:58
File Size 101.73 MB
Resolution 1920 x 1080

Wall Street Closes Higher on Strong Earnings and Fed Rate Cut Hopes

Wall Street ended Friday's trading session on a high note, buoyed by positive third-quarter earnings reports from major companies like Netflix, American Express (AmEx), and Schlumberger (SLB), all of which posted significant gains. Additionally, market sentiment was uplifted by remarks from Federal Reserve Bank of Atlanta President Raphael Bostic, who expressed support for further interest rate cuts in the near future.

Wall Street Closes Higher on Strong Earnings and Fed Rate Cut Hopes

Wall Street ended Friday's trading session on a high note, buoyed by positive third-quarter earnings reports from major companies like Netflix, American Express (AmEx), and Schlumberger (SLB), all of which posted significant gains. Additionally, market sentiment was uplifted by remarks from Federal Reserve Bank of Atlanta President Raphael Bostic, who expressed support for further interest rate cuts in the near future.

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Video ID: 216743