Squawk on the Street

Fed Rate Cut Fuels Global Market Rally, Dow and S&P 500 Hit Record Highs 9/19/24

Sep 19, 2024
Joining the conversation is Mike Sievert, the dynamic CEO of T-Mobile, who sheds light on the exciting prospects for the iPhone 16. He shares insights on how the recent Fed rate cut has created a buzz in the market, prompting record highs for the Dow and S&P 500. The discussion dives into the shifting landscape for Apple amidst EU regulatory challenges and the new investment opportunities this environment presents. Plus, there's a look at the tech sector's growth and changing consumer habits. Buckle up for a lively financial update!
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