Pre-Market Summary: Russell 2000 attains a new peak since the year 2021 on NYSE
The New York Stock Exchange (NYSE) has issued a pre-market update, with Kristen Scholer delivering the latest news.
Yesterday, all three major indices hit new highs, and the small-cap Russell 2000 joined them for the first time since 2021. This rally came a day after the Federal Reserve cut interest rates by 0.25% as expected. Stocks are little changed early on September 19th after another record day on Wall Street.
One of the notable events yesterday was the better-than-expected earnings report from FedEx. The company's net income stood at $820 million, exceeding expectations. As a result, NYSE-listed FedEx shares jumped 5% in extended hours.
In other news, J.P. Morgan Chase (NYSE: JPM) is celebrating Hispanic Heritage Month on September 19th. Meanwhile, IBM (NYSE: IBM) is honoring the 2025 winners of IBM's Sustainable Innovation Prize.
The news is provided by PR Newswire via QuoteMedia, with the source being the New York Stock Exchange. It's important to note that there are no economic reports scheduled for September 19th.
For those interested in staying updated on market news, the NYSE TV App is now available for download. However, for the latest update on the Vorgesessen, Perplexity AI has delivered the news.
In conclusion, while stocks are little changed early on September 19th, the market has shown a positive trend in recent days. Investors are advised to stay informed and make decisions based on accurate and timely information.
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