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Stock market today: Wall Street ticks higher ahead of the Fed's decision on interest rates

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Stock market today: Most of Wall Street rises after the Fed cuts interest rates

A specialist works at his post on the floor of the New York Stock Exchange, Thursday, Nov. 7, 2024. (AP Photo/Richard Drew)

A specialist works at his post on the floor of the New York Stock Exchange, Thursday, Nov. 7, 2024. (AP Photo/Richard Drew)

Specialist Michael Pistillo works on the floor of the New York Stock Exchange, Thursday, Nov. 7, 2024. (AP Photo/Richard Drew)

Specialist Michael Pistillo works on the floor of the New York Stock Exchange, Thursday, Nov. 7, 2024. (AP Photo/Richard Drew)

A screen on the floor of the New York Stock Exchange shows the Federal Reserve rate decision, Thursday, Nov. 7, 2024. (AP Photo/Richard Drew)

A screen on the floor of the New York Stock Exchange shows the Federal Reserve rate decision, Thursday, Nov. 7, 2024. (AP Photo/Richard Drew)

A pair of traders work on the floor of the New York Stock Exchange, Thursday, Nov. 7, 2024, in New York, as Federal Reserve Chair Jerome Powell news conference in Washington is displayed on a monitor. (AP Photo/Richard Drew)

A pair of traders work on the floor of the New York Stock Exchange, Thursday, Nov. 7, 2024, in New York, as Federal Reserve Chair Jerome Powell news conference in Washington is displayed on a monitor. (AP Photo/Richard Drew)

Trader Christopher Lagana is reflected in one of his monitors as he works on the floor of the New York Stock Exchange, Thursday, Nov. 7, 2024. (AP Photo/Richard Drew)

Trader Christopher Lagana is reflected in one of his monitors as he works on the floor of the New York Stock Exchange, Thursday, Nov. 7, 2024. (AP Photo/Richard Drew)