Dow jumps nearly 500 points after Fed signals rate cuts still on table
1. The Fed kept interest rates steady, signaling potential cuts later this year. 2. S&P 500 rose 1.1% amid mixed economic indicators and tariff concerns. 3. Traders expect two rate cuts by December based on current monetary policy. 4. Economic growth is forecasted to slow while inflation remains a concern. 5. Boeing shares surged after reporting no immediate tariff impacts.