Dow, S&P 500 close at record highs after Federal Reserve’s
WEB1 day ago · Stocks jumped Thursday as investors cheered the Federal Reserve’s eye-popping half-point interest rate cut. The Dow closed 522 points, or 1.3%, higher, reaching a new record after passing the ...
S&P 500, Dow close at record highs after Federal Reserve rate cuts
WEB19 hours ago · S&P 500, Dow hit record highs after Fed cuts rates. What it means for your 401 (k). U.S. stocks jumped Thursday following the Federal Reserve’s decision to go big with a 50 basis point cut to ...
Wall Street soars to records as Dow leaps 500 ... - Associated Press News
WEB1 day 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.
Live updates: First Fed rate cut since Covid | CNN Business
WEB2 days ago · 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 the ...
Federal Reserve issues FOMC statement
WEB2 days ago · Federal Reserve issues FOMC statement. For release at 2:00 p.m. EDT. Recent indicators suggest that economic activity has continued to expand at a solid pace. Job gains have slowed, and the unemployment rate has moved up but remains low. Inflation has made further progress toward the Committee's 2 percent objective but remains somewhat elevated.
What to know as the Federal Reserve gets set to cut interest rates …
WEB2 days ago · The Federal Reserve is on the verge of cutting interest rates. Here's what to know. Fed Chair Jerome Powell prepares to deliver remarks at a conference on Nov. 8, 2023, in Washington, D.C. The Fed ...
Stock Market News, May 1, 2024: Dow Finishes Higher, S&P Dips …
WEBMay 1, 2024 · The S&P and Nasdaq dropped about 0.3%, while the Dow ended up 0.2%, or 87 points. Stocks handed back afternoon gains. The Nasdaq finished lower after rising 1.7% at its intraday high.
Fed Cuts Rates by Half Percentage Point - WSJ
WEB1 day ago · The central bank’s decision brings the benchmark federal-funds rate to a range between 4.75% and 5% and follows an all-out fight against inflation launched two years ago.
Federal Reserve News What Happened Today at the Fed Meeting
WEBMay 3, 2023 · What to know about the Fed’s latest move. Federal Reserve officials raised interest rates by a quarter-point on Wednesday in the tenth straight move in their fight against rapid inflation...
What impact will the Federal Reserve's rate cut have on stocks?
WEB1 day ago · Equities shift to losses as investors digest the Federal Reserve's first interest rate cut since 2020. ... The Dow Jones Industrial Average jumped 375 points to a new record before slipping and ...
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