Wall St surges at open after Fed kicks off easing cycle
Wall Street's main indexes jumped at the open on Thursday, with the S&P 500 notching an intraday record high after the Federal Reserve kicked off its easing cycle with half-a-percentage point reduction and forecast more cuts were on the horizon.
Stock Market Today: Dow finishes above 42,000 for first time in history after Fed's big rate cut
The Federal Reserve's closely followed overnight reverse-repo facility already has begun to reflect Wednesday's big interest-rate cut. Wall Street firms rushed to park extra cash overnight at the facility in the wake of the pandemic,
Wall Street jumps to record highs as global markets cheer Fed rate cut.
U.S. stock indexes sailed higher in the wake of their global counterparts and the dollar wobbled on Thursday after the ...
U.S. stock indexes remained stuck in place as Wall Street waited for the Federal Reserve to make its first interest rate cut ...
Market participants increased their bets on Friday that the Federal Reserve will move aggressively when it starts cutting ...
Asian shares are mostly higher as investors focus on prospects for the U.S. Federal Reserve’s first cut to interest rates in ...
Fed Chair Jerome Powell announced a half percent cut to benchmark interest rates on Wednesday — the first cut since March ...
Traders in Asia will also look toward August consumer prices index from Japan and Hong Kong, and central bank decisions from ...
Wall Street ticked slightly higher as markets awaited an expected interest rate cut by the U.S. Federal Reserve, the first in ...
Wall Street's main indexes closed higher on Friday as investors honed in on the chance of a bigger interest rate cut by the ...
Jamie Dimon warns geopolitical tensions, especially the Ukraine war and Middle East conflicts, are the biggest risks to ...
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