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,
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.
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 ...
The rise of artificial intelligence has reordered the American stock market, pushing the likes of Nvidia Corp. and other ...
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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Dow Jumps 522, Nasdaq Climbs 441, S&P Adds 95Wall 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 ...
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.
Eight of the 11 primary S&P 500 sectors ended in green, with technology and consumer discretionary leading the gainers by going up 3.08 per cent and 2.20 per cent, respectively. Meanwhile, consumer ...
Sources: FactSet, Dow Jones Stock Movers: Gainers, decliners and most actives market activity tables are a combination of NYSE, Nasdaq, NYSE American and NYSE Arca listings. Sources: FactSet ...
The Dow Jones Industrial Average gained 228.30 points, or 0.6%, to close at a record of 41,622.08, eclipsing its previous closing high of 41,563.08 on Aug. 30. The blue-chip index had soared more ...
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