HomeMarketsU.S. EconomyStock Market Today: Fed Cuts 50BPS, MSFT & BLK A.I. Fund, TSM Starts A16 Chip Production for AAPL

Stock Market Today: Fed Cuts 50BPS, MSFT & BLK A.I. Fund, TSM Starts A16 Chip Production for AAPL

It's official: the Fed cut 50BPS. The problem? Markets closed mostly down, but not without a pair of new all-time highs. As for stocks, Microsoft (MSFT) and Blackrock (BLK) will team up on an A.I. infrastructure fund, while TSMC (TSM) started production on Apple's (AAPL) A16 chips at its Arizona factory. Caroline Woods breaks down the top stories of a historic economic day.

18 Sep 2024

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