Trending stocks as Wall Street cheers the Fed’s long-awaited rate cut

MSN
2025.09.20 14:48
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Wall Street experienced a positive close, marking its third consecutive weekly gain, following the Federal Reserve's 25 basis-point rate cut. The S&P 500 rose 1.2%, the Dow gained 1.1%, and the Nasdaq advanced 2.2%. Notable stock movements included Nvidia's partnership with Intel, Workday's rise due to Elliott Investment Management's stake, and Palantir's UK investment plan. CrowdStrike's stock surged nearly 14% after strong growth targets, while Novo Nordisk gained nearly 9% on positive drug study results. Conversely, FactSet fell over 20% after disappointing earnings, and DexCom dropped nearly 12% amid a short report.

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