Investors celebrated the Federal Reserve's super-sized interest rate cut and what is likely the start of a long-time coming easing cycle which should borrowing lower costs for consumers and businesses.

The Dow Jones Industrial Average (SPGI) jumped 522 points Thursday and closed at a new record high, as the Federal Reserve’s decision to slash interest rates by 50 basis points gave fuel to markets.

After Fed rate cut, the next 6 months will be crucial for investors. Here’s why. Traders brace for volatility as more than $5 trillion in options set to expire in latest ‘triple witching’. Nvidia’s stock is surging. Here’s how it tends to perform after interest-rate cuts.