US stock indexes showed significant growth, with the Dow Jones Industrial Average and Standard & Poor's 500 updating their historical highs. This happened after the publication of the minutes of the September meeting of the Federal Reserve System, which showed that the US Central Bank is in no hurry to further reduce interest rates. Although most Fed members supported a significant 50 basis point rate cut at the last meeting, some participants would have preferred a more moderate 25 basis point cut. They also expressed the opinion that it would be wise to lower rates gradually in the future due to the uncertainty of the prospects. The president of the Federal Reserve Bank of Dallas, Laurie Logan, supported this point of view, noting that further monetary policy easing should be less drastic. As a result, the Dow Jones Industrial Average rose 1.03% to 42,512 points, the Standard & Poor's 500 increased 0.71% to 5,792.04 points, and the Nasdaq Composite rose 0.6% to close at 18,291.62 points. The most significant rise among the Dow Jones components was shown by Honeywell International securities, which rose by 3.2%. In addition, stock prices of technology companies Super Micro Computer Inc. increased by 4.3%, International Business Machines – by 2.5%, Microsoft Corp. – by 0.7%, Intel Corp. - by 0.6%, Apple Inc. – by 1.7%.
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