The Fed surprised many investors with a jumbo rate cut this week.
WEBSep 20, 2024 · New York CNN — 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...
Wall Street soars to records as Dow leaps 500 in a rate-cut rally …
WEBSep 19, 2024 · 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 Hit Record High a Day After Fed’s Big Interest Rate Cut
WEBSept. 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 ...
Live updates: First Fed rate cut since Covid | CNN Business
WEBSep 18, 2024 · In a significant shift for the US economy, the Federal Reserve announced a jumbo-sized rate cut Wednesday, its first rate reduction cut since Covid. It’s a major economic milestone both for...
Wall Street soars to record highs in a global market rally after Fed…
WEBSep 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...
Fed Meeting, Sept. 18, 2024: Stocks Edge Lower After Fed …
WEBSep 17, 2024 · U.S. stocks finished lower after the Federal Reserve voted to cut interest rates by 0.5 percentage point, opting for a more aggressive reduction than investors had been expecting just a week...
Wall Street Expects Half-Point Fed Rate Cut - The New York Times
WEBSep 18, 2024 · 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 half a percentage point.
Wall Street advances as traders' bets rise for bigger Fed rate cut
WEBSep 14, 2024 · Expectations for a 50 basis point cut jumped to 49% from 28% on Thursday, according to CME's FedWatch Tool, opens new tab, which showed a 51% probability for a 25 basis point cut.
Wall Street advances as traders' bets rise for bigger Fed rate cut
WEBSep 13, 2024 · (Reuters) -Wall Street's main indexes closed higher on Friday as investors honed in on the chance of a bigger interest rate cut by the Federal Reserve next week, with rate-sensitive...
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 …