US stock markets closed positively after the Fed signaled a 25 basis point interest rate cut, reversing earlier declines for the S&P 500, Nasdaq, and Dow Jones Industrial Average.Despite the broader market rally, some companies experienced significant volatility, with JP Morgan stock dropping 4.5% due to a cautious consumer outlook and Polestar shares plunging 22.9% following a reverse stock split and delisting warning.Conversely,
Exxon Mobil shares climbed on an increased profit forecast, while
Nvidia saw a slight dip after
Donald Trump announced approval for exporting its
H200 chip to China, amidst varied corporate performances across sectors.