Dow hits record high as Fed eases interest rates
The Dow Jones Industrial Average recorded a modest gain, closing at a record high on Friday, marking a significant rally for the week following the Federal Reserve's first major easing of interest ...
Investors cheer a soft landing scenario after Fed's big rate cut. But they're still keeping their guard up for a downturn.
The Fed's decision moved the needle towards the soft landing scenario, and it showed the Fed's willingness to act. During the FOMC meeting, Fed chair Jerome Powell made it clear that he would do what ...
Will U.S. return to easy money era?
The Federal Reserve delivered a gift to investors with a jumbo rate cut and the promise of more to come. But will rates return to the record lows we saw during the pandemic?
Risks & opportunities in global markets
Wall Street closed with a mixed performance on Friday, buoyed by the Dow Jones industrial average reaching a record high. The broader S&P 500 and the NASDAQ fell after the Federal Reserve’s ...