Stock market today: Dow surges 462 points as stocks rally after jumbo Fed rate cut
Indexes rose Thursday as investors digested Wednesday's jumbo rate cut from the Fed and a fall in weekly jobless claims.
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Wall Street's new era off to rocky start despite big Fed cut
In the aftermath, economists and traders moved to adjust their forecasts and wagers to account for the Fed’s new narrative.
Stocks Rally a Day After Fed’s Big Interest Rate Cut
The S&P 500 had already been climbing as investors grew more confident that the Federal Reserve would cut interest rates by half a percentage point. Thursday’s gain put the index in range of a closing ...
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Dollar and stocks gain as Fed charts ‘soft landing’ path
The dollar bounced, long-dated bond yields were up and Asian stocks rose after the U.S. Federal Reserve announced a ...
The Fed has set out on a ‘recalibration' of policy. Here's what Powell's new buzzword means
Asset prices soared as investors took Powell at his word that the outsized rate cut wasn’t in response to a substantial economic weakening.
Helen Chandler-Wilde: BOE Sticks While Fed Chooses to Twist
Wilde, a Bloomberg UK journalist and editor on the Readout. Hope you enjoy today’s newsletter. Well, what a pivot week this ...
Something big is happening in the housing market: What Fed rate cuts will actually do
On Wednesday, Fed Chair Jerome Powell announced that the central bank would begin cutting Fed interest rates, starting with a ...
The Federal Reserve is finally lowering rates | Here's what consumers should know
The Federal Reserve has cut its benchmark interest rate from its 23-year high, with consequences for debt, savings, auto loans, mortgages and other forms of borrowing by consumers and businesses.
Fed opens up policy space around the world without feeding panic
It might tempt the European Central Bank to consider lowering rates again next month, for a third time since June.
The Markets Seem Happy About The Fed's Rate Cut; They Shouldn't Be
From an investor perspective, the gains in the S&P 500 may or may not be over. On average, returns following the first rate ...
Fed decision opens the real estate floodgates after four years
"Everybody's happy" about the Federal Reserve's rate cut – at least in real estate – potentially opening the floodgates to ...
Fed’s big rate cut "screams of interference" in election, Trump adviser says
Reaction from Trump world shows the fight is now over who gets credit for what looks like a soft economic landing: "Why ...