S&P 500 Gains and Losses Today: Index Pops to All-Time High After Jumbo Rate Cut

Key Takeaways The S&P 500 soared 1.7% on Thursday, Sept. 19, notching a record closing high a day after the Fed opted for an aggressive interest-rate cut. Darden Restaurant shares skyrocketed after the Olive Garden parent reported improving sales trends and announced a pilot delivery partnership with Uber Eats. Shares of Deckers Outdoor lost ground following the completion of the footwear and apparel company's stock split. Major U.S. equities indexes tore higher a day after the Federal Reserve announced a h ...