Stock Market Today: Nasdaq Jumps On Subtle Fed Policy Shift, Tesla Gains As Dow Jones Attempts To Retake 200-Day Line (Live Coverage)

Investors were emboldened after the Federal Reserve reiterated plans for cutting interest rates this year, and drove all three major indexes higher at the close Wednesday. The Nasdaq composite paced a broad market rally, while Tesla (TSLA) led the tech-heavy index’s charge on the stock market today. The major indexes accelerated the rally after the 2 p.m. ET announcement from…