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Fed announces big rate cut
Stock Market Today: Dow finishes above 42,000 for first time in history after Fed's big rate cut
The Federal Reserve's closely followed overnight reverse-repo facility already has begun to reflect Wednesday's big interest-rate cut. Wall Street firms rushed to park extra cash overnight at the facility in the wake of the pandemic,
Wall Street slips after rate cut rally, dollar steadies
Wall Street slid from the previous session's record highs and the dollar steadied on Friday as the market knuckled down to the start of a rate
Warren advocates for a bigger Fed rate cut, even as Wall Street cheers
Fed Chair Jerome Powell announced a half percent cut to benchmark interest rates on Wednesday — the first cut since March 2020. While a half percent cut is considered large, Massachusetts Sen. Elizabeth Warren wanted more.
2h
on MSN
Stock market today: Wall Street wavers a day after setting record highs
U.S. stocks are drifting in early trading after leaping to records the day before as part of a worldwide rally.
1d
Wall St surges at open after Fed kicks off easing cycle
Wall Street's main indexes jumped at the open on Thursday, with the S&P 500 notching an intraday record high after the ...
3h
on MSN
Surprised by how fast the market reacted to the Fed's rate cut, says Morgan Stanley's Andrew Slimmon
Andrew Slimmon, senior portfolio manager at Morgan Stanley Investment Management, joins ‘Squawk Box’ to discuss Wall Street's ...
2d
Stock market today: Wall Street inches modestly higher ahead of presumed Fed interest rate cut
Asian shares are mostly higher as investors focus on prospects for the U.S. Federal Reserve’s first cut to interest rates in ...
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