50 bp Fed rate cut boosts S&P 500, Nasdaq, and small-cap stocks via iShares Russell 2000 Growth ETF.

The Federal Reserve's recent 50 basis point cut in the federal funds rate has invigorated the stock market, leading to significant gains for the S&P 500 and Nasdaq Composite. This shift encourages investment in stocks, particularly the iShares Russell 2000 Growth ETF, which includes over 1,100 small-cap stocks poised for growth. As small-cap companies benefit from lower interest rates, this ETF stands to perform well if the economy remains stable.

September 22, 2024
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