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US stocks climb after third straight Fed rate cut narrows yields
Investors pushed major US indices higher after the Fed’s latest 25-basis-point cut, while easing Treasury yields reinforced expectations for additional policy support into 2026.
Following the Federal Reserve’s third consecutive 25-basis-point cut, US equities advanced, with the S&P 500 up about 0.7%, the Dow Jones Industrial Average gaining roughly 497 points, and the Nasdaq Composite rising 0.3%. Treasury yields eased toward 4.16% as traders reassessed the new 3.5–3.75% policy band and positioned portfolios for a potentially more accommodative policy path through 2026 and beyond.