New Delhi, Dec. 11 -- The benchmark stock market indices in the US market rallied on Wednesday, 10 December 2025, after the Federal Reserve's FOMC decided to cut the benchmark interest rates of the US economy by 25 basis points for a third consecutive time.

MarketWatch data shows that the Dow Jones Industrial Average (Dow) jumped 1.31% to hit its intraday high level of 48,197.30 points during Wednesday's trading session, compared to 47,560.29 points at the previous US stock market close.

The S&P 500 (SPX) also rallied 0.85% to hit its intraday high level of 6,900.67 points during Fed Chairman Jerome Powell's address, compared to 6,840.51 points at the previous stock market close.

The tech-heavy Nasdaq Composite also surged 0.54% to hit...