Fed rate cut glow spreads to Wall Street, jobs data helps
Discover how the Federal Reserve's interest rate cut impacts tech stocks and market optimism. Stay informed with Reuters latest report.
Stocks jump following larger-than-expected Fed rate cut — but labor market concerns linger
Stocks surged to open Thursday trading in the wake of the Federal Reserve’s announcement that it was lowering interest rates ...
US Stocks Rise As Market Digests Big Fed Rate Cut
Wall Street stocks rose early Thursday as the market continued digesting the Federal Reserve's interest rate cut, which was larger than some analysts had expected.
The Dow soars 500 points after the Fed's big interest rate cut
The Dow Jones Industrial Average (SPGI) jumped 534 points at market open Thursday, as the Federal Reserve’s decision to slash ...
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Dow Jones Today: S&P 500, Dow Soar to Record Highs After Fed Cuts Rates
The Dow Jones Industrial Average also traded at a record, up 1.5%. The Nasdaq Composite surged 3%, led by soaring tech mega ...
Why rate cuts could actually slow the economy instead of sparking growth
Top strategist David Kelly warns of the hidden dangers of a jumbo-sized rate cut after the Fed's recent decision.
After Fed rate cut, the next 6 months will be crucial for investors. Here's why.
Yet that also has fluctuated from 2% to 4.5%, a "pretty wide range of outcomes," since the Fed started raising rates in 2022, according to Apollo Global Management's chief economist Torsten Slok. The ...
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Stock market today: Wall Street rises toward records as jubilation sweeps markets worldwide
NEW YORK (AP) — Wall Street is rising toward records Thursday as a delayed jubilation sweeps markets worldwide following the ...
The Fed has set out on a ‘recalibration' of policy. Here's what Powell's new buzzword means
Asset prices soared as investors took Powell at his word that the outsized rate cut wasn’t in response to a substantial economic weakening.
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LONDON MARKET CLOSE: FTSE 100 fired up by Fed despite more guarded BoE
The FTSE 100 index rose 75.04 points, or 0.9%, at 8,328.72. The FTSE 250 ended up 327.40 points, 1.6%, at 21,162.71, and the AIM All-Share gained 5.52 points, or 0.7%, at 748.08.
Dow jumps to another all-time high day after Fed delivers big rate cut
Wall Street rallied on Thursday with the Dow and S&P 500 hitting another intraday record high — a day after the Federal Reserve kicked off its easing cycle with half-a-percentage point reduction and ...