Wall Street is holding near its records after the Federal Reserve kicked off its efforts to prevent a recession with a bigger ...
The S&P 500 started the trading session at 5,702.63 points on Wall Street before it recorded a new lifetime high of 5,733.5 points. The index shuttered at 5,713.64 points in the last trading session.
Asian markets built Friday on the latest global rally after a jumbo US interest rate cut, while the yen edged up as focus ...
The S&P 500 jumped 1.7% topped its last all-time high set in July. The Dow Jones Industrial Average leaped 522 points for an all-time high.
The US Federal Reserve has cut interest rates for the first time since March 2020, signaling a shift from monetary tightening ...
Shares opened higher Friday, tracking gains on Wall Street, after the U.S. Federal Reserve's first rate cut in more than four ...
SYDNEY (Reuters) -Asian shares extended their rally on Friday, bathing in the afterglow of an outsized interest rate cut in ...
Market Roundup US Continuing Jobless Claims 1,829K 1,850K forecast, 1,843K previous US Current Account (Q2) -266.8B -259.0B forecast, -241.0B previous US Initial Jobless Claims 219K 230K forecast, ...
Wall Street stocks soared to fresh records Thursday as markets cheered the Federal Reserve's move to aggressively cut interest rates to protect the labor market.
The Federal Reserve's aggressive interest-rate cut this week could provide some breathing space to distressed companies, according to Howard Ehrenberg, a partner at law firm Greenspoon Marder's ...
In our news wrap Thursday, President Biden said the Fed's interest rate cut is a vindication of his economic policies, Wall Street celebrated the cut with stocks surging to new highs and Republican ...
"Free-riding cash is going to be going away," said Brendan McCarthy, global head of ETF distribution at Goldman Sachs Asset Management, in a phone interview. "Now that the Fed is easing, people are ...