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Fed, rate cut
Wall Street soars to records as Dow leaps 500 in a rate-cut rally that swept the world
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 year and topped its last all-time high set in July.
Anticipated Rate Cut Leaves Wall Street Near Record High
Borrowing rates have already fallen in anticipation of a deeper cut in rates. The average 30-year mortgage rate dropped to 6.2% last week to the lowest level in 18 months and down from a peak of nearly 7.8%, according to the mortgage giant Freddie Mac.
Wall Street Has Its Eye on a Big Rate Cut
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.
16h
Wall Street’s $5.1 Trillion Triple-Witching Is Next Market Test
Just as Wall Street traders come to grips with the Federal Reserve’s interest-rate cut, Friday’s US options expiration ...
3h
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
Stock market today: Wall Street inches modestly higher ahead of presumed Fed interest rate cut
Asian shares are mostly higher as investors focus on prospects for the U.S. Federal Reserve’s first cut to interest rates in ...
1d
on MSN
Wall Street Wants You to Be Manic. Be Focused Instead.
By obsessing over event outcomes—like this week’s Federal Reserve interest-rate decision—you are essentially wagering on ...
22h
Fed Outsized Rate Cut Draws Muted Reaction, but Calm May Not Last
One reason for the muted market reaction on a close-to-close basis has to do with how asset prices moved in the days leading ...
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