The Fed surprised many investors with a jumbo rate cut this week.
WEB3 days ago · Federal Reserve Chair Jerome Powell is known for providing clear signals about the central bank’s next interest rate move in order to avoid roiling markets. But Wall Street was mostly clueless ...
Wall Street soars to records as Dow leaps 500 in a rate-cut rally …
WEB5 days ago · Updated 2:01 PM PDT, September 19, 2024. NEW YORK (AP) — Wall Street romped to records Thursday as a delayed jubilation swept markets worldwide following the Federal Reserve’s big cut to interest rates. The S&P 500 jumped 1.7% for one of its best days of the year and topped its last all-time high set in July.
Stocks surge a day after Federal Reserve's first interest rate cut ...
WEB4 days ago · Stocks on Wall Street soared Thursday a day after the Federal Reserve slashed its benchmark interest rate by 0.50 percentage points, with investors cheering the central bank's move to head...
Stocks Hit Record High a Day After Fed’s Big Interest Rate Cut
WEB4 days ago · Sept. 19, 2024. Stocks on Wall Street notched new highs on Thursday, after a momentous cut to interest rates from the Federal Reserve invigorated a global market rally. Markets had been butting up ...
Wall Street soars to record highs in a global market rally after Fed…
WEB4 days ago · NEW YORK (AP) — Wall Street romped to records Thursday as a delayed jubilation swept markets worldwide following the Federal Reserve’s big cut to interest rates. The S&P 500 jumped 1.7...
Wall Street Expects Half-Point Fed Rate Cut - The New York Times
WEB6 days ago · Wall Street Has Its Eye on a Big Rate Cut. The S&P 500 is hovering just below record territory, driven by a revived rally as bets have grown that the Federal Reserve will cut interest rates by ...
Kamala Harris calls Fed interest-rate cut 'welcome news,' says …
WEB5 days ago · Fed meeting today: Fed decides on aggressive 50 basis-point cut in interest rates. Follow along to MarketWatch's coverage of the Fed's interest-rate decision.
Stock market today: Wall Street closes its ... - Associated Press News
WEB4 days ago · The cut closed the door on a run where the Fed kept its main interest rate at a two-decade high in hopes of slowing the U.S. economy enough to stamp out high inflation. Now that inflation has fallen from its peak two summers ago, Chair Jerome Powell said the Fed can focus more on keeping the job market solid and the economy out of a recession.
Fed Rate Cut Still Leaves Wall Street Grappling With Uncertainty ...
WEB5 days ago · Wall Street’s New Era Is Off to Rocky Start as Fed Sows Doubts. Markets reverse even after Fed delivers a supersized rate cut. Traders question elevated asset valuations, economic backdrop. A ...
Stock market today: Wall Street stays stuck in place as it counts …
WEBSep 17, 2024 · NEW YORK (AP) — U.S. stock indexes remained stuck in place on Tuesday as Wall Street made few big moves ahead of what’s expected to be the first cut to interest rates in more than four years. The S&P 500 edged up by 1.49, or less than 0.1%, to 5,634.58. It remains 0.6% below its all-time closing high set in July, and it …