Stock Market News, Nov. 7, 2024: Nasdaq, S&P Gain as Fed Cuts …
6 days ago · Next up is the Fed's interest-rate decision, due at 2 p.m. ET. It is widely expected to cut by a quarter-percentage point. Earlier, the Bank of England made its own rate cut, the first major ...
The Fed surprised many investors with a jumbo rate cut this week.
Sep 20, 2024 · New York CNN — Federal Reserve Chair Jerome Powell is known for providing clear signals about the central bank’s next interest rate move in order to avoid roiling markets. But Wall Street was...
Fed Cuts Rates Again, This Time by a Quarter Point
5 days ago · Photo: Annabelle Gordon/Reuters. The Federal Reserve approved a quarter-point interest rate cut Thursday but signaled a little more uncertainty over how quickly it would continue lowering rates ...
Wall Street soars to records as Dow leaps 500 in a rate-cut rally …
Sep 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 …
Live updates: First Fed rate cut since Covid | CNN Business
Sep 18, 2024 · Stocks ended a bumpy trading session lower as Wall Street continued to review the Federal Reserve’s latest interest rate decision and projections about the economy.
Federal Reserve goes big with half-point interest rate cut ... - NBC News
Sep 18, 2024 · The Federal Reserve said Wednesday it was lowering its key interest rate by half a percentage point, an unusually aggressive move designed to cushion the economy from a further slowdown.
Wall Street Expects Half-Point Fed Rate Cut - The New York Times
Sep 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.
Video: The Fed Rate Cut Is Here. Here's What's at Stake.
Sep 18, 2024 · The Federal Reserve is expected to start cutting its main interest rate this afternoon, a key shift in its fight against inflation. The Wall Street Journal's Nick Timiraos explains why this...
Most of Wall Street edges lower after Fed delivers a big cut to rates
Sep 18, 2024 · NEW YORK — 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 Standard & Poor’s 500...
Wall Street Fed Watchers Dial Back 2025 Rate-Cut Expectations
5 days ago · November 8, 2024 at 8:17 AM PST. Translate. Economists and strategists across Wall Street have dialed back their expectations for US interest-rate cuts next year based on this week’s ...