Stocks looked set to tick lower on Friday, with S&P 500 and Dow futures pointing to both gauges edging away from the record levels they'd set in the previous trading session.
The Dow Jones and S&P 500 hit new highs and the Nasdaq topped key levels as growth led the day 2 reaction to Fed rate cuts.
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 ...
Yet that also has fluctuated from 2% to 4.5%, a "pretty wide range of outcomes," since the Fed started raising rates in 2022, according to Apollo Global Management's chief economist Torsten Slok. The ...
Wall Street ticked slightly higher early today as markets awaited an expected interest rate cut by the U.S. Federal Reserve, the first in more than four years. Futures for the S&P 500 and the Dow ...
Falling rates could also boost mortgage-refinancing activity. Homeowners with rates higher than the prevailing 6.2% have been refinancing in the last few weeks to get their monthly payment down.
SolarEdge Technologies is down 5% after shares of the solar-power-equipment maker were downgraded to Underperform from Hold ...
U.S. stocks ended mixed on Monday, as traders’ expectations for the Federal Reserve to deliver a 50-basis-point rate cut on ...
The Dow Jones industrial average set a record, as Wall Street geared up for the most anticipated meeting of the Federal ...
Markets have been in a bull run since the start of this year on expectations the Fed would kick off its monetary policy ...
The Fed is expected to deliver its first rate cut since 2020 on Wednesday, with markets seeing higher odds for a 50 basis ...
Stocks were broadly supported by the bond market, where Treasury yields eased ahead of the Fed's meeting. The unanimous ...