Stocks surge a day after Federal Reserve's first interest ... - CBS News
WEB12 hours ago · Edited By Alain Sherter. September 19, 2024 / 10:42 AM EDT / CBS News. Stocks on Wall Street soared Thursday a day after the Federal Reserve slashed its benchmark interest rate by 0.50 percentage ...
Stocks Hit Record High a Day After Fed’s Big Interest Rate Cut
WEB11 hours ago · The S&P 500 rose 1.7 percent on Thursday, rallying a day after the Federal Reserve cut interest rates by half a percentage point. The S&P 500 plotted weekly The vertical scale is adjusted to show ...
Dow, S&P 500 close at record highs after Federal Reserve’s ... - CNN
WEB14 hours ago · New York CNN —. Stocks jumped Thursday morning as investors cheered the Federal Reserve’s eye-popping half-point interest rate cut. The Dow rose 537 points, or 1.3%. The S&P 500 gained 1.6% ...
Stock market today: Most of Wall Street edges lower after Fed …
WEB1 day ago · Most of the U.S. stock market edged lower after the Federal Reserve kicked off its efforts to prevent a recession with a bigger-than-usual cut to interest rates. ... The news conference of Federal’ Reserve Chair Jerome Powell appears on a screen as trader Neil Catania works on the floor of the New York Stock Exchange, Wednesday, Sept. 18 ...
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.
What impact will the Federal Reserve's rate cut have on stocks?
WEB1 day ago · Real estate stocks are also likely to benefit as lower rates reduce borrowing costs for buyers. The Fed's rate cut and messaging is directing Wall Street's concerns toward jobs and away from ...
A Fed rate cut with the stock market at a record high? Here’s …
WEB1 day ago · The Federal Reserve on Wednesday cut interest rates with U.S. stocks trading near a record high, leaving investors searching for historical clues to the path ahead for markets. The S&P 500 SPX ...
Live updates: First Fed rate cut since Covid | CNN Business
WEB1 day 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 ...
Stock market today: Wall Street stays stuck in place as it counts …
WEB2 days ago · 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 …
Federal Reserve News What Happened Today at the Fed Meeting
WEBMay 3, 2023 · Jeanna Smialek. 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...