The stock was up 1.7% in Wednesday afternoon trading, recently changing hands at $208.82. Shares last notched a record finish on March 14, 2013, when they finished the day at $206.12, according to Dow Jones Market Data.

If the Fed cuts interest rates today, borrowers will likely see interest rates ease off their peaks on things like credit cards and auto loans.

The Federal Reserve said Wednesday it was lowering its key interest rate by half a percentage point, an unusually aggressive move designed to cushion the economy from a further slowdown.

SolarEdge Technologies is down 5% after shares of the solar-power-equipment maker were downgraded to Underperform from Hold at Jefferies and the price target cut to $17 from $27. S&P 500 futures are up 0.3%. Dow Jones Industrial Average futures are adding 0.2%.

Markets on Wall Street were positioned to open at record highs Thursday after the Federal Reserve issued a bigger-than-usual interest rate cut intended to fortify a cooling labor market and prevent a

The U.S. dollar edged slightly lower in choppy trading on Wednesday as markets grappled with the supersized 50 basis point interest rate cut as well as the switch to an easing monetary policy stance delivered by the Federal Reserve.

Wall Street is roaring toward records as a delayed reaction of jubilation sweeps markets worldwide following the Federal Reserve’s big cut to interest rates. The S&P 500 was 1.6% higher in early trading Thursday and above its all-time closing high set in July.

The U.S. dollar edged lower on Thursday after a larger than usual interest rate cut from the U.S. Federal Reserve that had been priced in by markets. The Fed on Wednesday kicked off its monetary easin

Do rate cuts with the stock market at or near all-time highs provide bulls additional fuel or do they portend trouble ahead? Dow Jones Market Data ran back the tape.