Last week, all three major U.S. indexes, the Nasdaq Composite,  the S&P 500 and the Dow Jones Industrial Average gained 2%, 1.2% and 1.1%, respectively.The Federal Reserve boosted investor sentiment with a much anticipated 50-basis-point cut in the benchmark lending rate at the FOMC meeting held on Sept. 18. Currently, the overnight interest rate is in the range of 4.75-5.00% after the first cut of the Fed’s fund rate since March 2020.Laying the Fed’s plan for the coming years, Chairman Jerome Powell, in hi ...