Stock market today: Wall Street holds near records after Fed delivers a big cut to rates
The momentous move by the Fed helps financial markets in two big ways. It eases the brakes off the economy, which has been slowing under the weight of higher rates, and it gives a boost to prices for all kinds of investments. Besides stocks, gold and bond prices had already rallied in recent months on expectations that cuts to rates were coming.
U.S. stock futures rally after Fed's jumbo rate cut, Boeing furloughs staff, and FedEx reports results after the bell. Here's ...
Asian shares are mostly higher as investors focus on prospects for the U.S. Federal Reserve’s first cut to interest rates in ...
Here are the four charts Lee shared with Business Insider that show why the already upbeat forecaster is so bullish on the stock market. Lee put the chart above together several years ago ...
That could be a signal that Wall Street sees lower odds of painful recession following the Fed's cut, according to Sameer ...
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