Dow, S&P 500 close at record highs after Federal Reserve’s supersized rate cut
Stocks jumped Thursday morning as investors cheered the Federal Reserve’s eye-popping half-point interest rate cut.
Stock market today: Dow, S&P 500, Nasdaq surge as Fed fires up rally
The S&P 500 ( ^GSPC) climbed roughly 1.5%, while the Dow Jones Industrial Average ( ^IXIC) rose more than 1% with both trading near record highs. The tech-heavy Nasdaq Composite ( ^IXIC) led the gains, up 2.7%.
Stock Market Today: Dow futures dip from record high following Fed rate-cut-rally
S&P 500 futures are dipping 0.2%. Dow Jones Industrial Average futures are down 0.1%. Nasdaq 100 futures are falling 0.3%. On Thursday, the Dow Jones Industrial Average rose 522 points, or 1.26%, to 42,
Stock market today: Indexes close at record highs and tech soars after Fed rate cut
Indexes rallied Thursday, with tech stocks leading the Nasdaq to rise 2.5% as investors continued to digest Wednesday's jumbo rate cut from the Fed.
Market calm yields to stocks surge as investors cheer Fed rate cut
By Saqib Iqbal Ahmed, Suzanne McGee and Carolina Mandl NEW YORK (Reuters) -An initial muted market reaction following the Federal Reserve’s first rate cut in four years gave way to a surge in U.S. stocks as uncertainty ebbed and investors digested the implications of easing monetary policy.
Stock Market Today: Dow finishes above 42,000 for first time in history after Fed's big rate cut
The blue-chip Dow was on pace to ink a milestone, a day after the Federal Reserve cut interest rates in a big way. The Dow Jones Industrial Average was up 1.3%, at last check, trading near 42,030. Should that level hold,
What impact will the Federal Reserve's rate cut have on stocks?
"The markets were crossing their fingers for a larger cut." 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.
Fed institutes mega interest-rate cut of 50 basis points as labor market cools
The Federal Reserve cut interest rates on Wednesday for the first time since March 2020, lowering the Fed funds rate by 50 basis points. The decision to go with a larger 50 basis point rate cut, instead of the more common 25 basis point option,
Stock Market Today: Dow Futures Rise Ahead of Fed's Rate Decision
Dow Jones Industrial Average, S&P 500, and Nasdaq were set to open higher ahead of the Fed's interest-rate decision today.
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