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.
Stock Market Today: Dow ends down nearly 100 points, S&P 500 edges up ahead of CPI inflation report
The 2-year rate finished at 3.608% or its lowest level since Sept. 12, 2022. Meanwhile, the 10-year yield fell to 3.643% or its lowest closing level since June 1, 2023. The 30-year rate ended at 3.954% or the lowest level since Dec. 27.
On Thursday, the S&P 500 closed above 5,700 for the first time, while the Dow jumped above the 42,000 level. Here's what CNBC ...
NASDAQ has also moved away from session highs amid profit-taking. Intel, which continued to rebound from multi-year lows, was ...
Today’s edition of quick hits.
NEW YORK -- Dow Jones Industrial Average closes at an all-time high after recouping its losses from early September.
Fed Minutes, which will be released tomorrow, may also have a material ... push NASDAQ towards the support at 18,500 – 18,600. Dow Jones settled below the 40,900 level as traders waited for ...
The Dow Jones Industrial Average is supposed to represent the 30 ... “But I would not be surprised if I saw tomorrow ...
Going back to 1980, the S&P 500 has averaged a gain of 0.3% on Friday the 13th, according to Dow Jones Market Data. The Dow is up 0.2% on average, while the Nasdaq Composite is up 0.4%.
Markets took a breather on Friday, with stock futures little changed in premarket trading after rallying to record highs ...
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