Dow, S&P 500 close at record highs after Federal Reserve’s supersized rate cut
Stocks jumped Thursday as investors cheered the Federal Reserve’s eye-popping half-point interest rate cut. The Dow rose 633 points, or 1.5%, on Thursday afternoon to pass 42,000. The S&P 500 gained 2%,
Stock Market Today: Dow falls over 100 points as stocks end volatile session lower after Fed's half-point rate cut
U.S. stocks rose after the Federal Reserve lowered its benchmark interest rates by 50 basis points to a range of 4.75% to 5%. That was the first rate cut in over four years that marked the beginning of a monetary-easing cycle in the world's largest economy.
Stocks jump Thursday after Federal Reserve’s jumbo-sized rate cut
The Nasdaq Composite added 2.8%. Tech stocks surged: Nvidia shares popped 5.3%, Tesla shares gained 7.1%, Meta Platforms shares rose 3.5% and Apple shares climbed 3.8%. The Fed on Wednesday cut rates by half a point, marking its first rate cut since the ...
Stock market today: Asian shares are mixed as Wall Street gears up for an interest rate cut
U.S. stock indexes are drifting closer to their records as Wall Street gears up for the most anticipated meeting of the Federal Reserve in years
What the Fed’s interest rate cut means for mortgages, auto loans, and credit card debt
In the short term, the reduction will lead to slightly lower interest rates on mortgages, auto loans, and credit card debt.
The Fed just cut interest rates. How will your finances be impacted?
The Federal Reserve's expected to cut rates this week, but will it make a difference to Americans? Here's what you need to know about a Fed rate cut.
Stock market today: Dow sets a record as Wall Street gears up for a cut to interest rates
U.S. stock indexes are drifting near their records Monday as Wall Street gears up for the most anticipated meeting of the Federal Reserve in years. Most stocks were rising on Wall Street, and Oracle's gain of 4.
Stock market today: Asian markets forge higher after Fed's first rate cut in over 4 years
Asian markets have forged higher after the Federal Reserve kicked off its efforts to prevent a recession in the U.S. with a bigger-than-usual cut to interest rates
Stock Market Today: Wall Street Poised to Break Records After Fed's First Rate Cut in Over 4 Years
Markets on Wall Street were positioned to open at record highs Thursday after the Federal Reserve issued a bigger-than-usual interest rate cut intended to fortify a cooling labor market and prevent a
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.
What does the interest rate cut mean for consumers? Expert weighs in
Financial experts say this will likely make it easier for people to spend more freely, and there may be more cuts.
Apple may cut future Apple Vision Pro cost with far cheaper displays
Apple is reportedly switching to a less expensive OLED technology to try and get the manufacturing costs down on a future ...
Paul Krugman on the Interest Rate Cut and What’s Next
The economist and New York Times Opinion columnist Paul Krugman makes the case for aggressive rate cuts by the Federal ...
Apple Has Unveiled the iPhone 16, and This Is Why Investors Aren't Impressed
While investors saw this latest launch as an opportunity to help sell consumers on new artificial intelligence (AI) features, it appears as though the company's newest iPhone may be underwhelming, yet ...
French auto supplier association warns sector risks losing half its jobs
The head of French auto supplier association Fiev warned on Wednesday that the sector was at risk of losing half of its jobs ...