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Stock Market Today: Indexes Steady After Fed Cuts Rates, Powell Speaks; AppLovin Soars 40% (Live Coverage)

The stock market today continued to show strength among large caps while smaller issues cooled off after the Federal Reserve cut interest rates by a quarter point. While the Nasdaq 100 held up near session highs, rising nearly 1.6%, the Russell 2000 fell minimally after soaring the prior session. AppLovin led the upside among IBD 50-style growth stocks, and Zeta Global was the day's second biggest gainer in the IBD 50, up more than 6%. Read More...

The stock market today continued to show strength among large caps while smaller issues cooled off after the Federal Reserve cut interest rates by a quarter point. While the Nasdaq 100 held up near session highs, rising nearly 1.6%, the Russell 2000 fell minimally after soaring the prior session. AppLovin led the upside among IBD 50-style growth stocks, and Zeta Global was the day’s second biggest gainer in the IBD 50, up more than 6%.

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