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,
What impact will the Federal Reserve's rate cut have on stocks?
The decision by the Fed's policy-setting committee to cut interest rates for the first time since March 2020 was prefaced by an unusual amount of market uncertainty as to how much the central bank would lower its benchmark rate from a two-decade high of 5.25% to 5.5%, where it has stood since July 2023.
Indexes rallied Thursday, with tech stocks leading the Nasdaq to rise 2.5% as investors continued to digest Wednesday's jumbo ...
Wall Street is holding near its records after the Federal Reserve kicked off its efforts to prevent a recession with a bigger ...
The blue chip index closed above the psychologically significant 42,000 level for the first time ever Thursday.
After closing lower yesterday, the stock market suddenly loves the Federal Reserve’s half-point rate cut. It may say more about trading under Fed Chair Jerome Powell than anything about monetary ...
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Follow along for live updates on stocks and other markets, including the Dow Jones Industrial Average, S&P 500 and Nasdaq Composite.
Stock Market LIVE Updates | On Thursday, benchmark indices Sensex and Nifty reached new all-time highs, following positive ...
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