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Stock Market, Fed
The Fed surprised many investors with a jumbo rate cut this week. It won’t get much easier to predict the next move
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 mostly clueless this week when it came to predicting how big a rate cut the Fed would deliver on Wednesday.
Wall Street dips after rate cut rally, dollar firms
Wall Street closed flat on Friday, hovering near the previous session's record-high close for the Dow and S&P 500, while the dollar firmed as investors digested the Federal Reserve's 50-basis-point cut midweek that started a rate reducing cycle.
Stock market today: Wall Street closes its record-setting week mixed as FedEx slumps and Nike jumps
U.S. stocks drifted around their all-time highs, as a record-setting week for Wall Street closed on a quieter note.
1d
Wall St surges at open after Fed kicks off easing cycle
Wall Street's main indexes jumped at the open on Thursday, with the S&P 500 notching an intraday record high after the ...
10h
Wall Street Breakfast: Lower For Longer
Read more about the Fed's policy stance shift, Nike CEO exit, Disney's move to stop using Slack, and FedEx earnings and ...
21h
on MSN
Japan's Nikkei leads gains in Asia Pacific after Wall Street soars on Fed's jumbo rate cut
Traders in Asia will also look toward August consumer prices index from Japan and Hong Kong, and central bank decisions from ...
2d
Heard on the Street Recap: Wednesday Is the Big Day
The question is no longer when, or even if. Only, how much? That is enough to make the outcome of this week's Federal Reserve ...
1d
on MSN
S&P closes above 5,700 and Dow ends above 42K in historic firsts as Wall Street soars
Wall Street ripped gains on Thursday, with market participants taking confidence from the Federal Reserve's bumper half-point ...
1d
Biden celebrates lower interest rates, says he never spoke with Fed chairman
President Joe Biden called the Federal Reserve's decision to lower interest rats "good news" and says he never spoke to the ...
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