US stocks mixed as Fed officials explain rate cut decision
Dow Jones Industrial Average ends the day up 0.1 per cent at 42,063.36 - a new record. Read more at straitstimes.com.
The Fed decision's lone dissenter worries the bigger rate cut sends a 'premature victory' message to markets
On Wednesday, the Fed decided on a 50-basis-point cut that brought the Fed's policy rate to a range of 4.75% to 5%. The vote was 11 to 1 in favor of the cut, and Bowman's dissent was the first by a ...
Stock market today: Wall Street closes its record-setting week mixed as FedEx slumps and Nike jumps
U.S. stocks drifted around their all-time highs, as a record-setting week for Wall Street closed on a quieter note.
The Times-Tribune1h
Stock market today: Wall Street closes out a record-setting week on a quiet note
A record-setting week for Wall Street closed on a quieter note. U.S. stocks mostly pulled back from their highs hit during a worldwide rally the day before, even as the ...
Jamie Dimon: Only 5% of everyday Americans probably know about the Fed's historic interest-rate cut
Many Americans are aware of the Fed's existence, at least: A recent Pew Research Center survey found that 45% have a favorable view of the U.S. central banking system, while 32% have an unfavorable ...
Rivian (RIVN) stock: EV maker’s shares slip despite Fed’s rate cut
Rivian Automotive Inc. (NASDAQ: RIVN) saw its shares drop by 7.5% to $12.17 during Friday's trading session, reflecting a ...
The Fed surprised many investors with a jumbo rate cut this week. It won’t get much easier to predict the next move
Federal Reserve Chair Jerome Powell is known for providing clear signals about the central bank’s next interest rate move in ...
Fed's rate cut sends stocks to record highs. Where are markets headed from here?
The S&P 500 and the Dow vaulted to record highs one day after the rate cut. Stocks rallied to record highs this week in the ...
The Register-Herald4h
Stock market today: Wall Street hovers around records as FedEx slumps
U.S. stocks are hovering around the records they set the day before during a worldwide rally. The S&P 500 slipped 0.2% in ...
EconoTimes6h
Asian Markets Extend Rally as Yen Strengthens with Bank of Japan Holding Steady
Asian markets climbed higher on September 20, following the U.S. interest rate cut, while the yen strengthened after the Bank ...