Stocks moved lower after Federal Reserve Chair Jerome Powell said the central bank is in 'no hurry' on rate cuts.
The Dow ends flat but S&P 500 and Nasdaq add to their steep post-election gains after the Fed trims rates and hints at more ...
On November 7, the Fed cut rates for the second time in this rate cut cycle, lowering the Fed Funds rate 25bp to 4.75% (chart below, darker red line). Fed Funds rate is well above “neutral ...
The Nasdaq Composite advanced 1.51% to reach 19,269.46 — its ... but the move was smaller than September’s half-point ...
Wall Street's major averages were little changed on Friday, as investors seemed to take a breather from the post election ...
The S&P 500 and Nasdaq fell more than 0.5% ... The slide comes after Powell signaled the Fed is in no rush to cut interest ...
Comments from Jerome Powell could set the tone for rate cuts as the market assesses the impact of a Republican sweep in D.C.
Fed Chair Jerome Powell stressed during his post ... With the continued advance, the Nasdaq and the S&P 500 reached new record closing highs. The tech-heavy Nasdaq led the charge, surging by ...
Stock futures are slightly higher Thursday as the market looks to rebound from a couple of lackluster days, with investors ...
This decision marks the second consecutive rate cut, following a half-point reduction in September, as the Fed aims to stimulate economic growth amid cooling inflation and a moderating labor market.
The Dow and the S&P 500 ended slightly higher on Wednesday while the Nasdaq lost ground after October data showed consumer ...
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