S&P advances more than 1% in historic week after Fed starts rate-cut cycle with a bang

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Sep. 20, 2024 7:46 PM ETS&P 500 Index (SP500), SPYXLU, IVV, RSP, XLE, XLV, XLB, XLF, XLI, XLK, XLP, XLY, SH, SSO, SDS, UPRO, VOO, XLRE, SPXU, XLCBy: Anuron Mitra, SA News Editor

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The S&P 500 (SP500) on Friday added 1.36% for the week to end at 5,702.53 points, posting gains in three out of five sessions. Its accompanying SPDR S&P 500 ETF Trust (NYSEARCA:SPY) climbed 1.11% for the week.

It was a historic week for the



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