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Fed, Wall Street
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.
Hosted on MSN
2d
Wall St set to open flat as rally from Trump win, rate cut cools
(Reuters) -
Wall
Street
was set for a muted open on Friday ... with lower borrowing costs boosting the sentiment. The ...
NBC New York
4d
Asia-Pacific markets mixed after Fed rate cut boosts Wall Street rally; China's NPC in focus
Hong Kong's monetary authority on Friday
cut
its benchmark interest
rate
by 25 basis points to 5%, mirroring the U.S.
Morningstar
1d
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 ...
Hosted on MSN
2d
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 ...
CNBC on MSN
6d
Top Wall Street execs are getting skeptical on the Fed's easing path
Speaking at the Saudi Arabia’s showcase economic conference, the Future Investment Initiative, last week, they see more ...
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