NewsBusiness S&P advances more than 1% in historic week after Fed starts rate-cut cycle with a bang September 21, 2024 0 Facebook Twitter Pinterest WhatsApp ReddIt 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 franckreporter/iStock via Getty Images 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 DoubleLine’s Gundlach says he’s ‘less confident’ in Fed delivering one rate cut in 2024DateJune 13, 2024In relation toBusinessNasdaq, S&P, Dow trade higher with the Fed decision and big tech earnings loomingDateJuly 29, 2024In relation toBusinessWith a big interest rate cut in the books, Tom Lee says the ‘Fed put’ is back in playDateSeptember 20, 2024In relation toBusiness