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Home > Power Lunch > Dow hovers near 42K, heads for winning week after Fed rate cut 9/20/24
Podcast: Power Lunch
Episode:

Dow hovers near 42K, heads for winning week after Fed rate cut 9/20/24

Category: Business
Duration: 00:41:07
Publish Date: 2024-09-20 19:13:05
Description:

Stocks are mixed today, but higher for the week following the Fed’s decision to cut rates by a half-percentage point. But today’s big story: Apple’s iPhone 16 going on sale amid some concerns about demand. We’ll track that for you. Plus, shares of Nike are higher after the company announced a change in leadership. We’ll discuss the challenges facing the incoming CEO.

 

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