Market Surge: Wall Street's Optimistic Opening Following Fed Decision

Wall Street's major indexes experienced a rise after the Federal Reserve announced a quarter-point interest rate cut. Investor sentiment was also boosted by Nvidia's decision to invest in Intel, leading to gains in the Dow Jones, S&P 500, and Nasdaq Composite in early trading.

In a positive reaction to the Federal Reserve's interest rate decision, Wall Street's major indexes opened higher on Thursday. The central bank's move to cut rates by a quarter point invigorated market confidence.

Additionally, Nvidia's strategic decision to invest in Intel contributed to the uplift, with investors showing renewed interest in tech stocks.

The initial figures showed the Dow Jones Industrial Average gaining 38.2 points to open at 46,056.55, the S&P 500 increasing by 26.5 points to 6,626.85, and the Nasdaq Composite climbing by 177.8 points to 22,439.111.

(With inputs from agencies.)