The Federal Reserve made its biggest cut to the benchmark rate in 16 years on Wednesday, reducing the benchmark rate by 50 basis points. The first rate cut in 4 years brings the benchmark rate to a ...
The U.S. stock market was already priced two-thirds of the way for a 50 basis point cut. So they basically delivered on what they market was already discounting. It was probably the appropriate move ...
U.S. bond yields traded just shy of two week highs early Friday as Wednesday's jumbo interest rate cut by the Federal Reserve continued to be absorbed and traders noted recent better news on the U.S.
Belatedly, the stock market woke up. What many thought might have been the natural reaction to the Federal Reserve's sharp ...
The S&P 500 jumped 1.7% for one of its best days of the year and topped its last all-time high set in July. The Dow Jones ...
The S&P 500 started the trading session at 5,702.63 points on Wall Street before it recorded a new lifetime high of 5,733.5 ...
The Federal Reserve's aggressive interest-rate cut this week could provide some breathing space to distressed companies, according to Howard Ehrenberg, a partner at law firm Greenspoon Marder's ...
"Free-riding cash is going to be going away," said Brendan McCarthy, global head of ETF distribution at Goldman Sachs Asset Management, in a phone interview. "Now that the Fed is easing, people are ...
Good news for those building up their 401(k)s: the Dow Jones Industrial Average and S&P 500 closed at record highs after the ...
NEW YORK — Wall Street romped to records Thursday as a delayed jubilation swept markets worldwide following the Federal ...
The Dow Jones Industrial Average moved past another thousand-point milestone Thursday, its fifth of the year. It took the ...