The S&P 500 is hovering just below record territory, driven by a revived rally as bets have grown that the Federal Reserve ...
Wall Street's main indexes were mixed on Wednesday, with the S&P 500 hovering near a record high, as investors awaited more ...
It was a momentous move, closing the door on a run where the Fed kept its main interest rate at a two ... of a recession. Wall Street’s initial reaction to Wednesday’s cut was a yawn, after ...
Fed Chair Jerome Powell announced a half percent cut to benchmark interest rates on Wednesday — the first cut since March ...
US stocks have slid lower in afternoon trade as Fed chair Jerome Powell signalled that more jumbo rate cuts are unlikely.
Wall Street is embracing the Fed's 50 basis point cut, and traders are betting on even more aggressive easing before the end ...
The Fed’s first rate cut since the world collapsed in March 2020 amid the COVID-19 pandemic outbreak drew elation in equities markets. Investors welcomed the supersize rate cut as evidence ...