The Federal Reserve's decision to cut interest rates could positively impact stocks, consumers, and several key sectors.
Benzinga readers were recently asked to pick which Magnificent Seven stocks could benefit the most from the interest rate cut.
What Happened:The Federal Reserve's decision to cut interest rates could benefit small-cap stocks the most, with loans cheaper for companies that need capital to continue growing.
Interest rate cuts could also benefit consumers as mortgage rates decline, auto loans get cheaper and credit card fees get lowered as a trickle-down impact from the Federal Reserve's decision.
Along...
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