Stock Market Today: Dow finishes above 42,000 for first time in history after Fed's big rate cut
The latest batch of quarterly forecasts from the Federal Reserve showed policy makers have had a change of heart since June about the pace of interest rate cuts in 2024. The latest iteration of the Fed's "dot plot" penciled in two more quarter-point cuts before the end of the year,
Indexes rallied Thursday, with tech stocks leading the Nasdaq to rise 2.5% as investors continued to digest Wednesday's jumbo ...
Prospects of a “soft landing,” where the Fed brings down inflation without pushing the economy into recession, have lifted ...
The blue chip index closed above the psychologically significant 42,000 level for the first time ever Thursday.
Wall Street is holding near its records after the Federal Reserve kicked off its efforts to prevent a recession with a bigger ...
A 30% decline in the stock market would "almost guarantee" a recession, which is one reason why Fed put is back on, Fundstrat ...
Federal Reserve Chair Jerome Powell is expected to announce the first interest rate cuts by the central bank in more than a ...
The Bank of England left interest rates at 5% on Thursday and voted to run down its stock of British government bonds by ...
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