Tech stocks rallied, with shares of NVIDIA Corporation NVDA and Advanced Micro Devices, Inc. AMD gaining around 4% and 6%, ...
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.
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 ...
He has more than three years of experience editing, proofreading, and fact-checking content on current financial events and ...
Wall Street rallied on Thursday with the Dow and S&P 500 hitting another intraday record high — a day after the Federal Reserve kicked off its easing cycle with half-a-percentage point reduction and ...
That puts the group of high-flying technology stocks on pace for its biggest such gain since Feb. 22, 2024, according to Dow ...
We recently compiled a list of the Jim Cramer’s Top 10 Stock Picks You Can’t Ignore. In this article, we are going to take a ...
The Federal Reserve made its biggest cut to the benchmark rate in 16 years on Wednesday, reducing the benchmark rate by 50 basis points. The first rate cut in 4 years brings the benchmark rate to a ...
A previous version of this article incorrectly stated that a 50-basis-point interest-rate cut from the Federal Reserve on Sept. 18 would be its largest since late 2008. This has been corrected to ...
After surging as much as 375 points to an all-time high after the Fed announcement, the Dow turned negative in late trading ...
The U.S. Federal Reserve slashed official interest rates by 50 basis points as the FOMC committee indicated it was confident ...