Stocks were rising sharply Thursday after the Federal Reserve reduced interest rates by a half point, an aggressive move and the central bank’s first cut since 2020.These stocks were making moves Thursday:Enphase Energy rose 0.

Tech stocks are jumping in the wake of Wednesday's rate cut by the Federal Reserve, with all of the Magnificent 7 stocks on the rise.

A rate cut makes borrowing cheaper, which can boost company profits and consumer spending, leading to higher stock prices. But Giuseppe Sette, co-founder and president of Toggle A

Shares of electric-vehicle maker Tesla tend to be more volatile the day after a Federal Reserve interest-rate decision than on the day itself.