New Delhi, Sept. 18 -- US stock indices advanced on Thursday after the Federal Reserve made its first rate cut of 2025.

As of 10:45 AM Eastern Time, the S&P 500 rose 0.7%, the Dow Jones Industrial Average was up 0.5%, and the Nasdaq Composite was 1% higher.

As of 9:35 AM Eastern Time, the S&P 500 rose 0.4%, the Dow Jones Industrial Average was down less than 0.1%, and the Nasdaq Composite was 0.8% higher.

At the open, the Dow Jones Industrial Average rose 38.2 points, or 0.08%, to 46,056.55. The S&P 500 rose 26.5 points, or 0.40%, to 6,626.85​, while the Nasdaq Composite rose 177.8 points, or 0.80%, to 22,439.111.

Tech shares jumped after US chipmaker Nvidia announced a $5 billion investment in Intel. The deal will see the two c...