Stock Market Today: S&P 500, Nasdaq, Dow Futures Jump Following Fed Rate Cut—Broadcom, Cracker Barrel, FedEx In Focus - SPDR S&P 500 (ARCA:SPY)

U.S. stock futures advanced on Thursday following Wednesday’s mixed moves. Futures of major benchmark indices were higher.A 25-basis-point rate cut was delivered by the Federal Reserve, with Fed Chair Jerome Powell signaling more easing could be coming, as a part of “risk management” with the shift partly driven by a cooling labor market and growing downside risks to employment.Meanwhile, the 10-year Treasury bond yielded 4.05% and the two-year bond was at 3.52%. The CME Group's FedWatch tool‘s projections ...