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Fed, Stock Market and Wall Street
Stock Market Today: Dow surges 650 points to record territory 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,
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 trading near record highs. The tech-heavy Nasdaq Composite ( ^IXIC) led the gains, up 2.7%.
30-Year Mortgage Rate Drops to 6.09% After Fed Rate Cut
The decline in mortgage costs, influenced by expectations of the Federal Reserve’s rate moves, could revive interest in buying, selling and remortgaging, economists said.
2h
on MSN
The Fed has poured rocket fuel on the red-hot AI trade
"The Fed finally ripped the band-aid off and cut 50 bps with a dovish dot plot into 2025 that we view as a very bullish ...
3h
on MSN
Fed decision opens the real estate floodgates after four years
"Everybody's happy" about the Federal Reserve's rate cut – at least in real estate – potentially opening the floodgates to ...
3h
on MSN
Mortgage rates drop to lowest since early February 2023 after Fed’s jumbo interest rate cut
Mortgage rates continued to decline this week, taking a little more pressure off America’s tight housing market as ...
4h
on MSN
The Fed is following its 1995 playbook — and that's great news for stocks and the economy
The Fed's cutting cycle in 1995 sparked an economic boom, with the stock market more than doubling in value by the end of the ...
5h
The Fed Rate Cut, Puncturing The Phillips Curve Myth
The echo chamber of prominent economists have tried over the years to fit the Phillips curve to reality. Ditch the Phillips ...
3h
Boeing stock sags despite Fed rally, company furloughs workers amid strike
Boeing may prevent its debt being downgraded to junk by issuing more stock, which would deal another blow to current ...
1d
Influential labour union says it won't endorse a candidate for president
Influential labour union, the Teamsters, have announced they will not endorse a presidential candidate. The union said it ...
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