Wall Street soars to records as Dow leaps 500 in a rate-cut rally …
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% for one of its best days of …
The Fed surprised many investors with a jumbo rate cut this week.
WEBSep 20, 2024 · But Wall Street was mostly clueless this week when it came to predicting how big a rate cut the Fed would deliver on Wednesday.
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.
Stock market today: Wall Street edges back from its records
WEB12 hours ago · In the United States, stocks have shot to records on hopes the U.S. economy can continue to grow despite its recent slowdown, as the Federal Reserve cuts interest rates to give it more juice. The Fed last month lowered its main interest rate for the first time in more than four years, and it’s indicated more cuts through next year.
Fed Meeting, Sept. 18, 2024: Stocks Edge Lower After Fed …
WEBSep 18, 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 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 percent ...
Stocks Hit Record High a Day After Fed’s Big Interest Rate Cut
WEBSep 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.
Stock market today: Most of Wall Street edges lower after Fed …
WEBSep 18, 2024 · NEW YORK (AP) — U.S. stock indexes edged lower Wednesday after the Federal Reserve kicked off its efforts to prevent a recession with a bigger-than-usual cut to interest rates. The S&P 500 slipped 0.3% to pull 0.9% below its all-time high set in July.
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.
Fed Cuts Rates by Half Percentage Point - WSJ - The Wall Street …
WEBSep 19, 2024 · 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.