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. stocks closed higher Friday, with the S&P 500 and technology-heavy Nasdaq Composite each posting its biggest weekly jump ...
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.
The Fed’s rate cut reduces the target range for the federal funds rate, or the rate at which banks lend each other money ...
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 ...
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 ...
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 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 ...
According to investing great Warren Buffett, " Be fearful when others are greedy. Be greedy when others are fearful." The ...
The stock market is on fire on Thursday and that has extended to cryptocurrencies as well. Over the past 24 hours, the value of Bitcoin (CRYPTO: BTC) jumped 6.5% at 1 p.m. ET to $63,700, Ethereum ...
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 ...
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 ...