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Most of Wall Street rises
Wall Street Climbs on Earnings and Fed Rate Cut Expectations
U.S. stocks were mixed on Thursday as investors waited for the Federal Reserve's decision on interest rates, due later in the day.
Most of Wall Street rises after the Fed cuts interest rates
JPMorgan Chase fell 4.3%, a day after banks decisively led the market on expectations that a stronger economy and lighter regulation would mean fatter profits. It and Goldman Sachs were the biggest reasons for the Dow’s slight loss.
US Fed Meeting Live Updates: Wall Street cheers Fed rate cut, US election results; S&P, Nasdaq close at record high
Jerome Powell-led FOMC voted unanimously to slash the benchmark interest rate by 25 bps to 4.50 - 4.75 per cent in the seventh policy decision for 2024.
Wall Street Edges Up as US Election and Fed Rate Meeting Loom
In oil markets, U.S. crude rose to $71.76 a barrel, while Brent crude climbed to $75.39, reflecting production delays announced by major oil producers, including Saudi Arabia. The dollar rose to 152.18 Japanese yen from 152.10 yen. The euro climbed to $1.0902 from $1.0880.
Despite Fed cut, mortgage rates went up in eventful week
The Federal Reserve has cut short-term interest rates by 25 basis points. Nevertheless, mortgage rates went up again.
US Fed Meeting Highlights: Sensex, Nifty 50 fall, Wall Street rallies after Fed rate cut, US election results
Jerome Powell-led FOMC voted unanimously to slash the benchmark interest rate by 25 bps to 4.50 - 4.75 per cent in the seventh policy decision for 2024.
FBM KLCI gains in early trade, tracking Wall Street rally after Fed rate cut
The FBM KLCI rose in early Friday trade, following gains on Wall Street after the US Federal Reserve announced a 25-basis-point interest rate cut.
Stock market today: Most of Wall Street rises after the Fed cuts interest rates
U.S. stocks are rising Thursday, as the Federal Reserve cut interest rates again to make things easier for the economy.The S&P 500 was up 0.9% in late trading, adding more to its surge from the day before following Donald Trump’s presidential victory.
Trump’s win sends Wall Street to record highs; Fed cuts interest rates
Investors are betting that Donald Trump's potential policies in his second term serving as U.S. president will spur growth for corporate America.
Mortgage rate changes loom amid Fed rate cuts & Trump presidency
The housing crisis is a genuine concern for younger generations, and many hoped that months of cooling inflation would drive down interest rates and mortgage rates. Lower mortgage
Fed cuts rates again, but Trump's tariff plan sparks inflation fears and market uncertainty
The Federal Reserve cut interest rates by 25 basis points. But Trump's tariff proposals raise concerns over inflation and future economic policies.
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5d
Asian stocks climb on Wall Street's lead; dollar sags after Fed cut
TOKYO (Reuters) - Asian stocks rose broadly on Friday, tracking
Wall
Street
's overnight rise to record highs, as ...
Morningstar
4d
Why the stock market can count on another Fed rate cut in December
I reached these conclusions upon studying the 3-month U.S. Treasury bill BX:TMUBMUSD03M
rate
since January 1954. That
rate
is not the same as the federal funds
rate
over which the
Fed
has ...
5d
Asia-Pacific markets mixed after Fed rate cut boosts Wall Street rally; China's NPC in focus
Investors assessed household spending data out of Japan, which could offer clues to the policy path ahead for the Bank of ...
6d
Stock market today: Wall Street ticks higher as more earnings come in ahead of Fed rate decision
Inflation in the U.S. has retreated on a similar track, and the broad expectation is that the Federal Reserve will
cut
its ...
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