S&P inches up, Nasdaq declines as tech weighs ahead of Fed decision
The S&P 500 eked out a slight gain in a subdued session while the Nasdaq fell on Monday, weighed down by a drop in technology ...
U.S. Markets Close at All-Time High a Day After Fed Rate Cut
Cryptocurrencies also jumped sharply higher on the day, with the price of Bitcoin (BTC) increasing 5% to $63,200, its highest level in months. The Federal Reserve’s benchmark overnight lending rate ...
Quiver Morning Markets Wrap: Fed Rate Cut Drives S&P 500 to Record High
S&P 500 hit an all-time high, climbing 1.8%, with the Nasdaq 100 rising 2.9%. Bitcoin jumped 5%, further fueling a rally in riskier assets.
What the Fed’s Rate Cut Means for Savers, Investors, Homeowners and More
The Fed’s rate cut reduces the target range for the federal funds rate, or the rate at which banks lend each other money ...
Fed Governor Bowman’s Rare Dissent Marks Key Shift in Monetary Policy
Michelle Bowman became the first Fed governor since 2005 to dissent on a rate decision, opposing a half-point cut in favor of a quarter-point reduction. Fed Chair Jerome Powell and the other 11 voting ...
The Fed Just Cut Interest Rates. It May Signal a Big Move in the Stock Market.
The federal funds rate is a benchmark that influences other interest rates throughout the economy. The Federal Reserve doesn't control the federal funds rate directly. Instead, it uses various ...
U.S. Stocks Rally as Fed Cuts Rates, Projects Further Easing in 2024
U.S. stocks rose following the Fed’s decision, while Treasury yields and the U.S. dollar declined. The Fed expects another 50 basis points of rate cuts in 2024, with additional reductions in ...
The Fed Is Set to Cut Interest Rates -- the Time to Be Fearful When Others Are Greedy Has Arrived
According to investing great Warren Buffett, " Be fearful when others are greedy. Be greedy when others are fearful." The ...
Markets Close Lower After Fed Rate Cut
The major U.S. indices closed lower on the day after the U.S. Federal Reserve delivered a 50-basis point interest rate cut and signaled that further easing of monetary policy is likely in coming ...
Treasuries Close Lower Following Post-Fed Volatility
The ten-year yield continued to regain ground after ending Monday's trading at its lowest closing level in over a year. The lower close by treasuries came even though the Fed decided to lower interest ...
Sensex, Nifty Seen Higher As Fed Kicks Off Easing Cycle
Benchmark indexes Sensex and Nifty gave up early gains to end modestly lower on Wednesday, after having hit new record highs in intraday trade. Asian markets traded mixed this morning, with sentiment ...
BlackRock Joins MSFT in AI Partnership: Should You Buy BLK Stock Now?
BlackRock Inc. BLK and Microsoft Corp. MSFT entered into a partnership with Global Infrastructure Partners (“GIP”) and MGX, ...