Nasdaq has biggest one-day jump since 2020 after Fed rate hike

Microsoft, Alphabet results spark rally in growth stocks Fed announces rate hike in unanimous decision Indexes: Dow up 1.4%, S&P 500 up 2.6%, Nasdaq up 4.1% NEW YORK, July 27 (Reuters) – The Nasdaq jumped more than 4% on Wednesday in its biggest daily percentage gain since April 2020 as the Federal Reserve raised interest …

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