Dow, S&P 500, Nasdaq rise, Fed fires up rally

Dow, S&P 500, Nasdaq rise, Fed fires up rally

U.S. stocks rose on Thursday amid hopes that the Federal Reserve’s jumbo interest rate cut would provide a “softer landing” for the U.S. economy. The S&P 500 (^GSPC) rose roughly 1.5%, while the Dow Jones Industrial Average (^IXIC) rose more than 1%, with both trading near record highs. The tech-heavy Nasdaq Composite ( ^IXIC )…

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‘He should have gone away’

‘He should have gone away’

Jack Dorsey and Elon Musk, former and current CEOs of Twitter. Joe Radle/Getty Images; Michael Gonzalez/Getty Images Jack Dorsey last year called Elon Musk “I believe” in taking Twitter personally. On Friday, Dorsey slammed Musk, saying he didn’t act well when it came to buying the platform. “I think he should have walked away,” Dorsey…

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