Dow Jones futures fell Friday as Nike surged after announcing a leadership change. FedEx stock plunged on earnings news.
The S&P 500 ( ^GSPC) climbed roughly 1.7%, while the Dow rose more than 1.2%, with both indexes trading at record highs. The tech-heavy Nasdaq Composite ( ^IXIC) led the gains, up roughly 2.5%.
Dow Jones stocks jumped more than 400 points after the Fed cut rates by 50 basis points Wednesday. Nvidia soared past a key ...