Stocks surge a day after Federal Reserve's first interest rate cut ...
WEB2 days ago · Edited By Alain Sherter. September 19, 2024 / 10:42 AM EDT / CBS News. Stocks on Wall Street soared Thursday a day after the Federal Reserve slashed its benchmark interest rate by 0.50 percentage ...
Stocks Hit Record High a Day After Fed’s Big Interest Rate Cut
WEB2 days ago · The S&P 500 rose 1.7 percent on Thursday, rallying a day after the Federal Reserve cut interest rates by half a percentage point. The S&P 500 plotted weekly The vertical scale is adjusted to show ...
Market calm yields to stocks surge as investors cheer Fed rate cut
WEB2 days ago · [1/3] A screen on the trading floor at The New York Stock Exchange (NYSE) display a news conference with Federal Reserve Chair Jerome Powell following the Federal Reserve rate announcement, in New ...
Wall Street soars to records as Dow leaps 500 in a rate-cut rally …
WEB2 days ago · Updated 2:01 PM PDT, September 19, 2024. NEW YORK (AP) — Wall Street romped to records Thursday as a delayed jubilation swept markets worldwide following the Federal Reserve’s big cut to interest rates. The S&P 500 jumped 1.7% for one of its best days of the year and topped its last all-time high set in July.
Fed Meeting Today: Traders Brace for Rate Cut, Await Dot Plot
WEB4 days ago · Fed Meeting, Sept. 18, 2024: Stocks Edge Lower After Fed Announces Half-Point Rate Cut The Federal Reserve lowers interest rates by 50 basis points in first cut since 2020 Last Updated:
Fed meeting today: Fed decides on aggressive 50 basis-point cut …
WEB3 days ago · By. Greg Robb. The Federal Reserve projects it will cut its benchmark rate by 50 basis-point over the last two meetings this year, according to a summary of its economic projections released ...
Live updates: First Fed rate cut since Covid | CNN Business
WEB3 days ago · Mortgage rates have already begun steadily falling in anticipation of the Fed’s expected Wednesday cut. According to Freddie Mac, the average 30-year fixed mortgage rate fell to 6.20% last week ...
Fed Announces Big Rate Cut - The New York Times
WEB3 days ago · The S&P 500 and tech-heavy Nasdaq both closed roughly 0.3 percent lower, a modest drop, after rising earlier in the day on the news of the half-percentage rate cut.
The Fed Makes a Large Rate Cut and Forecasts More to Come
WEB3 days ago · Fed officials predicted that they would cut interest rates to 4.4 percent by the end of the year — much lower than the 5.1 percent they had been expecting in June, when they last released ...
Federal Reserve goes big with half-point interest rate cut ... - NBC News
WEB3 days ago · The Federal Reserve uses its federal funds rate, which serves as a benchmark for interest rates in the rest of the economy, as its main tool for regulating inflation and unemployment. IE 11 is not ...