Stock Market News, Nov. 7, 2024: Nasdaq, S&P Gain as Fed Cuts Interest …
6 days ago · Next up is the Fed's interest-rate decision, due at 2 p.m. ET. It is widely expected to cut by a quarter-percentage point. Earlier, the Bank of England made its own rate cut, the first major ...
Fed Cuts Rates Again, This Time by a Quarter Point
5 days ago · The Federal Reserve approved a quarter-point interest rate cut Thursday but signaled a little more uncertainty over how quickly it would continue lowering rates, as it seeks to prevent large rate ...
Wall Street’s Higher-for-Longer Rate Brigade Plunges Into Loans
12 hours ago · The Invesco Senior Loan ETF (ticker BKLN) — the largest fund tracking floating-rate debt — garnered $576 million in the past week. That’s its biggest weekly haul in more than a year. The ...
Stock market today: Most of Wall Street rises after the Fed cuts ...
6 days ago · Updated 2:16 PM PST, November 7, 2024. NEW YORK (AP) — Most U.S. stocks rose Thursday, as the Federal Reserve cut interest rates again to make things easier for the economy. The S&P 500 climbed 0.7% to add to its surge from the day before following Donald Trump’s presidential victory. The Dow Jones Industrial Average was virtually unchanged ...
Fed cuts key interest rate a quarter-point but signals ... - NBC News
5 days ago · As of Wednesday, Wall Street traders were nearly unanimous that the Fed would cut the federal funds rate, which acts as a benchmark for other borrowing rates in the economy, by a quarter-point ...
Wall Street soars to records as Dow leaps 500 in a rate-cut rally …
Sep 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 …
Wall Street Expects Half-Point Fed Rate Cut - The New York Times
Sep 18, 2024 · The S&P 500 is hovering just below record territory, driven by a revived rally as bets have grown that the Federal Reserve will cut interest rates by half a percentage point.
Where Are Interest Rates Headed? What to Expect From the Fed …
Dec 13, 2023 · Federal Reserve officials are set to hold interest rates steady this week at a 22-year high and will likely project cutting them next year. Still, they won’t declare an end to rate hikes this...
The Fed surprised many investors with a jumbo rate cut this week.
Sep 20, 2024 · New York CNN — Federal Reserve Chair Jerome Powell is known for providing clear signals about the central bank’s next interest rate move in order to avoid roiling markets. But Wall Street...
Markets rise after Federal Reserve hits pause again on rate hikes - CNN
Nov 1, 2023 · Wall Street is extremely confident the Federal Reserve won’t raise rates today, pricing in a 98% chance of no change (and a 2% chance of a rate cut).