Stocks fall post-rate cut, Galaxy Digital CEO: Market Domination Overtime

The Federal Reserve's 50-basis-point cut has led stocks (^DJI, ^IXIC, ^GSPC) to surrender their Wednesday gains and close the day slightly in the red. Market Domination Overtime hosts Seana Smith and Josh Lipton look back on the day's market activity.

Edward Jones senior investment strategist Mona Mahajan believes the volatility to follow the Fed's 50 point cut to interest rates — which a majority of investors were pricing in — could present an "opportunity" to enter the market.

From the Future Proof Festival, Yahoo Finance anchor Julie Hyman is joined by Galaxy Digital (GLXY.TO) founder and CEO Michael Novogratz to talk about bitcoin's (BTC-USD) rising prominence as a key voter issue ahead of the 2024 election.

This post was written by Luke Carberry Mogan.