Dow surges to record as investors celebrate Fed’s ‘recalibration’ rate cut
U.S. stocks roared higher Thursday, with the Dow Jones Industrial Average topping the 42,000 milestone for the first time and the S&P 500 also surging to a record close, a day after Federal Reserve Chair Jerome Powell repeatedly used variations on the word “recalibrate” to describe the decision to deliver an extra-large,
Stock market today: Dow, S&P 500 close at record highs, Nasdaq surges amid rate cut euphoria
The S&P 500 ( ^GSPC) climbed roughly 1.7%, while the Dow rose more than 1.2%, with both indexes trading at record highs. The tech-heavy Nasdaq Composite ( ^IXIC) led the gains, up roughly 2.5%.
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 recession.
Fed meeting today: Fed decides on aggressive 50 basis-point cut in interest rates.
The upcoming policy update by the Federal Reserve, due in roughly one hour, is being treated as an important moment for many market participants. And there's a number of reasons for this. "Today, we're going to learn how the Fed is going to react to minor economic weakness,
Anticipated Rate Cut Leaves Wall Street Near Record High
Ahead of the expected interest rate cut announcement by the Federal Reserve U.S. stock indexes are holding close to their records. The S & P 500 was little changed in early trading Wednesday while the Dow Jones Industrial Average slipped 71 points,
Wall Street Has Its Eye on a Big Rate Cut
The S&P 500 is hovering just below record territory, driven by a revived rally as bets have grown that the Federal Reserve will cut interest rates by half a percentage point.
Fed meeting today: Wall Street on edge over historic interest-rate decision
A rapid increase in the unemployment rate this year has surprised the Fed, and the central bank predicts it will rise a bit further. That helps explain why the Fed cut rates aggressively. The Fed raised its forecast for unemployment to 4.
Stock market today: Global shares trade mixed ahead of Federal Reserve rate decision
Global shares were mixed Wednesday as investors awaited an expected interest rate cut by the U.S. Federal Reserve, the first in more than four years. France's CAC 40 lost 0.2% in early trading to 7,474.
Wall Street stays stuck in place as it counts down to a Fed rate cut
U.S. stock indexes remained stuck in place as Wall Street waited for the Federal Reserve to make its first interest rate cut in more than four years.
Stock market today: Dow, S&P 500, Nasdaq surge as Fed fires up rally
The S&P 500 ( ^GSPC) climbed roughly 1.5%, while the Dow Jones Industrial Average ( ^IXIC) rose more than 1% with both ...
Biden Recounts His Economic Record as Interest Rates, Inflation Fall and the Dow Hits a Record
President Joe Biden denied on Thursday that he was taking a victory lap one day after the Federal Reserve cut interest rates ...
Dow Jones Industrial Average taps fresh record peak after Fed trims interest rate 50 bps
The Dow Jones Industrial Average (DJIA) has pulled into Wednesday’s midrange near 41,500 as investors await the Federal ...
These 2 Dow Stocks Are Set to Soar in 2024 and Beyond
Here are two Dow stocks to buy right now. Amazon ( AMZN -0.24%) stock has delivered wealth-building returns for shareholders over the last few decades, and it's currently up 22% in 2024. Amazon still ...
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.
Prediction: 3 Time-Tested Dow Stocks That Can Double Your Money by 2030
Three brand-name components within the ageless Dow Jones Industrial Average have the necessary catalysts to deliver ...
3 Best Dow Jones Stocks to Buy Now
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Nasdaq surges 2.5% while Dow, S&P 500 notch record highs
The Dow Jones Industrial ... the session and now has closed at a record of 1.7% on the session in the NASDAQ composite.
Intel Is Probably Getting Kicked Out of the Dow, but Nvidia May Not Be Its Logical Replacement
Even though Intel's days as a Dow component are likely numbered, and Nvidia has leapfrogged Intel in the innovation ...
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Alert: Dow Jones Industrial Average closes at an all-time high after recouping its losses from early September
NEW YORK (AP) — Dow Jones Industrial Average closes at an all-time high after recouping its losses from early September.