Major stock indexes ended mixed Wednesday after the Federal Reserve trimmed interest rates by a quarter percentage point and signaled further cuts ahead. The Dow industrials hit an all-time high and closed higher,

The Fed cut rates Wednesday, resisting Trump’s push for deeper cuts, but looming legal and political battles — including a Supreme Court case — could test its independence.

Bitcoin, XRP and Ethereum jumped early Thursday as crypto investors welcomed the Federal Reserve’s first interest-rate reduction in nine months and digested the prospect of more cuts to come.

London (UKX) +0.17% to 9,223. Germany (DAX:IND) +0.96% to 23,584, outperforming its European peers. France (CAC:IND) +0.82% to 7,850. The economy of Georgia grew by 7.3% Y/Y in Q2. Switzerland's trade surplus narrowed to CHF 3.