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Stocks Celebrate Fed’s Jumbo Rate Cut, but Disaster Could Be Lurking
The Federal Reserve finally acted and the markets are rejoicing. Following an unprecedented series of 11 interest rate hikes ...
Fed slashes rates by 50 bps for first time since 2020
The US Federal Reserve cut interest rates by half of a percentage point on Wednesday amid cooling inflation and in an effort ...
Footwear stocks stumble after Skechers warns on near-term trends in China
Footwear stocks plummet as Skechers warns of challenges in China, causing a sharp decline in share prices for industry ...
NASDAQ Index, SP500, Dow Jones Forecasts – SP500 Tests Historic Highs On Dovish Fed
SP500 tests historic highs as traders stay bullish after Fed’s decision to cut the federal funds rate by 50 bps. The dovish ...
Stock Market Today: Dow tops 42,000, pushes deeper into record territory after Fed's big rate cut
A risk-on tone was gripping equity markets following the Federal Reserve's first interest-rate cut since 2020. The Dow was on pace to close above 42,000 for the first time on record Thursday, while ...
Everything is Rallying, but the Mag 7 Is Shining
The stock market was roaring higher as Wall Street digested the Fed’s half-point rate cut. Technology stocks were leading an everything rally. The S&P 500 was up 2%, on track for its highest close on ...
The Dow soars 500 points after the Fed's big interest rate cut
The Dow Jones Industrial Average (SPGI) jumped 534 points at market open Thursday, as the Federal Reserve’s decision to slash ...
Jim Cramer Reveals 12 Stocks Investors Should Monitor Closely
In a recent episode of Mad Money, Jim Cramer discussed the current state of the economy, noting that there are essentially ...
Stock Market Today: Dow surges 650 points to record territory after Fed's big rate cut
With the stock market's surge on Thursday to fresh records, something extra has been taking hold of equities in the wake of ...
Wall Street pros boost S&P 500 forecast ahead of Triple Witching
The S&P 500 index and its associated exchange-traded funds (ETF) like the SPY, VOO, and IVV, surged to a record high on ...
Nvidia's stock is surging. Here's how it tends to perform after interest-rate cuts.
Historically, Nvidia shares have done well after rate-cut announcements when looking out several months. On average, the stock has seen a 6.9% gain in the month after a rate cut, a 16.6% gain in the ...
Dow, S&P 500 Rally To New Record Highs As Traders Digest Rate Cut
Stocks have moved sharply higher during trading on Thursday, with the major averages more than offsetting the losses posted in the ...