The Fed expects to cut interest rates by another half a percentage point before the end of the year
Federal Reserve Chairman Jerome Powell speaks during a press conference following a two-day meeting of the Federal Open Market Committee on interest rate policy on July 31, 2024 in Washington, USA. Kevin Mohatt | Reuters The Federal Reserve has forecast…
Stock market today: Live updates
A trader works on the trading floor of the New York Stock Exchange (NYSE) in New York City, USA, following the Federal Reserve’s interest rate announcement on September 18, 2024. Andrew Kelly | Reuters U.S. stock futures rose on Wednesday…
The Fed is finally cutting interest rates. How the stock market will develop historically from here
The Federal Reserve cut interest rates for the first time in four years on Wednesday. Let’s take a look at how stocks performed at the start of previous easing cycles. How things play out from here will largely depend on…
Tom Lee, who was rightly optimistic, is becoming cautious and sees a decline of 7 to 10 percent
Equity strategist Tom Lee expects the stock market to be in turmoil over the next eight weeks, although he believes a dip could be a buying opportunity for investors. Lee’s shares could decline 7 to 10 percent as investors ride…
Stock market today: Live updates
Traders work on the trading floor of the New York Stock Exchange (NYSE) in New York City, USA, September 9, 2024. Brendan McDermid | Reuters US stock futures were only slightly lower on Wednesday as investors analyzed the latest consumer…
Ken Griffin’s Wellington hedge fund achieves 1 percent gain in August
Ken Griffin, founder and CEO of Citadel, speaks at the 2024 Milken Global Conference at the Beverly Hilton in Beverly Hills, California on May 6, 2024. David Swanson | Reuters Billionaire investor Ken Griffin’s hedge fund group at Citadel posted…
Stocks with the biggest price movements after the market close: AVGO, DOCU, PATH
Check out the companies making headlines in after-hours trading: DocuSign – The e-signature software company rose nearly 1% after beating revenue and profit. DocuSign’s second-quarter adjusted earnings of 97 cents per share beat analysts’ expectations of 80 cents per share,…
Stock market today: Live updates
Traders work on the floor of the New York Stock Exchange on September 4, 2024. Brendan McDermid | Reuters Stocks struggled on Thursday as investors dumped risky assets and concerns grew about the outlook for the U.S. economy ahead of…
Trump Media shares lose 2024 gains as key sales date approaches
Anna Barclay | Trump media Shares closed below their year-end 2023 levels on Wednesday as stock in maker Truth Social continued to decline ahead of the date on which majority owner Donald Trump can begin selling his shares. The collapse…
Nvidia slides in premarket trading after share price decline wipes out nearly $300 billion
Nvidia CEO Jensen Huang speaks during Computex 2024 on June 4, 2024 in Taipei. AFP | Getty Images NVIDIA Shares fell 2% in premarket trading on Wednesday after Bloomberg reported that the company had received a subpoena from the Justice…
