The Fed Cut Rates. Will Saving Account and CD Rates Plummet?
The Fed meets eight times a year to assess the health of the US economy and vote on the federal funds rate, the rate banks use to lend and borrow money. While the Fed’s decision to change rates doesn’t directly affect savings rates, changes in APYs typically follow. The changes can take several weeks or even months to take effect.
Stock Market Today: Dow finishes above 42,000 for first time in history after Fed's big rate cut
Up, up, up. That's the path of stocks on Thursday after the Federal Reserve took its first stab at bringing interest rates down, down, down. Here are where the major indexes stood with less than half an hour of trading left: The Dow Jones Industrial Average was up 525 points,
Dow, S&P 500 close at record highs after Federal Reserve’s supersized rate cut
Stocks jumped Thursday morning as investors cheered the Federal Reserve’s eye-popping half-point interest rate cut.
Stock Market Today: Wall Street Poised to Break Records After Fed's First Rate Cut in Over 4 Years
Markets on Wall Street were positioned to open at record highs Thursday after the Federal Reserve issued a bigger-than-usual interest rate cut intended to fortify a cooling labor market and prevent a
Stock market today: Indexes close at record highs and tech soars after Fed rate cut
Indexes rallied Thursday, with tech stocks leading the Nasdaq to rise 2.5% as investors continued to digest Wednesday's jumbo rate cut from the Fed.
Alert: Wall Street jumps to record highs as global markets cheer Fed rate cut
Wall Street jumps to record highs as global markets cheer Fed rate cut. . Most Popular
Stock Market Today: Dow tops 42,000, pushes deeper into record territory after Fed's big rate cut
Money-market funds shed $20.02 billion in assets in the past week, according to data from the Investment Company Institute. While balances were still lofty at $6.3 trillion for the week ending Wednesday,
Stocks Rally a Day After Fed’s Big Interest Rate Cut
The S&P 500 had already been climbing as investors grew more confident that the Federal Reserve would cut interest rates by half a percentage point. Thursday’s gain put the index in range of a closing record.
Stock Market Today: What to Watch After Fed Cuts Rates
The Bank of England is expected to keep interest rates on hold Thursday. Follow along for live updates on stocks and other markets, including the Dow Jones Industrial Average, S&P 500 and Nasdaq Composite.
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 the Federal Reserve's big rate cut. The "Magnificent Seven" mega-cap technology stocks,
Stock market today: Wall Street leaps toward records as jubilation sweeps markets worldwide
Wall Street is rising toward records as a delayed reaction of jubilation sweeps markets following the Federal Reserve’s big cut to interest rates
Dow’s Lack of AI Stocks Puts Blue-Chip Index ‘Behind the Curve’
The rise of artificial intelligence has reordered the American stock market, pushing the likes of Nvidia Corp. and other ...
Asia-Pacific markets set to open higher after S&P and Dow set fresh records
Traders in Asia will also look toward August consumer prices index from Japan and Hong Kong, and central bank decisions from Bank of Japan and People’s Bank of China.
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Dow, S&P 500 close at record high after Fed interest rate cut
The Dow Jones and the S&P 500 surged to all-time highs in the wake of the Federal Reserve's announcement that it was ...
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Wall Street soars to records as Dow leaps 500 in a rate-cut rally that swept the world
The S&P 500 jumped 1.7% for one of its best days of the year and topped its last all-time high set in July. The Dow Jones ...
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US Fed Meeting Live Updates: Dow Jones, S&P 500 Trade Higher With Interest Rate Decision Shortly
US Fed Chair Jerome Powell will announce the interest rate decision of the FOMC at around 11.00 p.m. IST today. Catch all the ...
Friday's big stock stories: What's likely to move the market in the next trading session
On Thursday, the S&P 500 closed above 5,700 for the first time, while the Dow jumped above the 42,000 level. Here's what CNBC ...
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Dow Jumps 522, Nasdaq Climbs 441, S&P Adds 95
Wall Street soared to records Thursday as the Dow leapt in a rate-cut rally that swept the world. The post appeared first on TV News Check. The post Dow Jumps 522, Nasdaq Climbs 441, S&P Adds 95 ...
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Dow Jones Futures Jump 400 Points, Nasdaq Futures Up 2% Day After Federal Reserve's 50-Basis-Point Rate Cut
The Dow futures rose 490 points, or 1.16%, while the S&P 500 futures was close to climbing 100 points, around 1.7% up, to be ...
Dow Jones Industrial Average closes at an all-time high after recouping its losses from early September
NEW YORK -- Dow Jones Industrial Average closes at an all-time high after recouping its losses from early September.