Dow Jones Industrial Average taps fresh record peak after Fed trims interest rate 50 bps
The Dow Jones Industrial Average (DJIA) has pulled into Wednesday’s midrange near 41,500 as investors await the Federal Reserve's (Fed) first rate cut in over four years. Markets kicked off 2024 hoping for an initial rate cut in March, but have thus far been battled all the way back to Q3. Now it finally looks like the Fed is ready to play ball.
The S&P 500 was up 2% and trading at a record high Thursday afternoon. The Dow Jones Industrial Average also traded ...
Wednesday's rate cut in the world's largest economy was the first such move by the US central bank in more than four years, ...
Sources: FactSet, Dow Jones Stock Movers: Gainers, decliners and most actives market activity tables are a combination of NYSE, Nasdaq, NYSE American and NYSE Arca listings. Sources: FactSet ...
If you pick a few stocks on your own, though, one or more may turn out to be stinkers, though -- that happens to the best of ...
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Dow Jones, S&P 500 Close At Record Highs In Bullish Follow Up To Fed Pivot (Live Coverage)Dow Jones stocks jumped more than 400 points after the Fed cut rates by 50 basis points Wednesday. Nvidia soared past a key level.
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