Dow, S&P 500 and Nasdaq futures rise as Fed fuels rally
US stock futures rose sharply on Thursday as confidence grew that the Federal Reserve’s sharp interest rate cut would lead to a “soft landing” for the US economy. Futures for the S&P 500 (ES=F) rose 1.6%, while futures for the…
Realtor: Fed interest rate cut gives home buyers freedom of choice
The Federal Reserve cut its benchmark interest rate by 50 basis points and its chairman Jerome Powell said the central bank expects the real estate market to normalize as well as interest rates to normalize. Compass Real Estate brokers Tom…
Stockbrokers sell the news after Fed makes big move: Markets Wrap
(Bloomberg) — A rally that had briefly pushed stocks to all-time highs hit a wall when the Federal Reserve signaled it was in no hurry to ease monetary policy after cutting interest rates by half a percentage point. Most read…
Wall Street reacts to the Fed’s “cautious” first rate cut in four years
(Bloomberg) — Traders increased their bets on further easing of monetary policy by the Federal Reserve, and the dollar weakened slightly after the Federal Reserve cut interest rates by half a percentage point for the first time in four years….
S&P 500 and Gold Hit All-Time Highs, Small Caps Rise After Fed Cuts Rates for First Time in 4 Years (UPDATED)
S&P 500 and Gold Hit All-Time Highs, Small Caps Rise After Fed Cuts Rates for First Time in 4 Years (UPDATED) Editor’s note: This story has been updated with additional information. On Wednesday afternoon, markets rallied following the US Federal…
What a Fed rate cut would mean for bank accounts, CDs, loans and credit cards
This is the economic turnaround we’ve been waiting for. The Federal Reserve is expected to start cutting interest rates on Wednesday. It took a long time to get to this point. After inflation peaked at 9.1% in June 2022, the…
Nasdaq and S&P 500 rise as Nvidia leads recovery from CPI sell-off
Following higher-than-expected inflation figures on Wednesday, markets are quickly pricing in a higher probability that the US Federal Reserve will decide on a small interest rate cut at its September meeting. Markets sold off after news that the Fed will…
High-growth technology in Germany Northern Data and 2 other promising stocks
As sentiment in the European market improves on hopes of impending interest rate cuts by the US Federal Reserve and the European Central Bank, the German DAX is showing a clear upward trend. Against this optimistic backdrop, investors are increasingly…
Pound Sterling near 13-month high ahead of Powell and Bailey speeches
(Reuters) – The pound oscillated near a 13-month high against the dollar on Friday, trading just below levels reached in April 2022, as traders awaited key speeches from the heads of the Federal Reserve and the Bank of England. The…
US stocks fall slightly after 8-day winning streak
Netflix stock just hit an all-time high. On Tuesday, the streaming giant’s shares surpassed their 2021 intraday high of $700,989 to trade at around $710. The price moves come as investors applaud the company’s foray into live sports as its…
