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Source: Live Mint US stocks rose on Monday as investors focused on comments from Federal Reserve policymakers and economic data due this week. Fed presidents Raphael Bostic, Neel Kashkari and Austan Goolsbee supported the last week’s rate cut and voiced support for more cuts in the rest of 2024. At 11:44 a.m. the Dow Jones…
Source: Live Mint Following last week’s historic interest rate cut by the US Federal Reserve, Wall Street in the week ahead will have plenty of economic data, including the Personal Consumption Expenditures price index, and S&P flash services & manufacturing PMIs, to look forward to. The week will also see comments from US central bank…
Source: Live Mint The US stock markets opened lower on Friday, September 20, as investors held back after a jump in the previous session, which was fueled by the United States Federal Reserve’s (FED) big 50 basis point rate cut on Wednesday. At 9:30 am (EDT), the stock markets opened for the United States at…
Source: Business Standard Illustration: Ajay Mohanty 4 min read Last Updated : Sep 19 2024 | 10:38 PM IST Investment strategy after US Fed’s rate cut: The US Federal Reserve’s jumbo rate cut of 50 basis points — a first since early 2020 — triggered volatility across various asset classes. The US equities, for…
Source: Live Mint US stocks jumped on Thursday after the Federal Reserve kicked off its easing cycle with half-a-percentage point cut in interest rates. On Wednesday, the Federal Reserve slashed its interest rates by 50 basis points (bps), first time in more than four years. Chair Jerome Powell said that as the inflation has come…
Source: Live Mint Ending the weeks of intense speculation, the US Federal Reserve’s Federal Open Market Committee (FOMC) has taken a decisive step in initiating a new monetary easing cycle, announcing a 50 basis points (bps) cut to the federal funds rate. The move comes after months of market speculation and a 14-month policy pause….
Source: Live Mint US stock indices rose slightly on Wednesday, as investors widely expect the Federal Reserve to deliver its first interest rate cut in more than four years. At the opening bell, the Dow Jones Industrial Average rose 22.7 points, or 0.05%, to 41,628.91. The S&P 500 rose 7.1 points, or 0.13%, to 5,641.68,…
Source: Business Standard 3 min read Last Updated : Sep 17 2024 | 10:28 PM IST Wall Street’s main stock indexes rose on Tuesday, with the S&P 500 hitting an intraday record high ahead of a crucial Federal Reserve interest-rate decision, after fresh economic data allayed worries of a sharp slowdown in the US…
Source: Live Mint US stock indices gained on Tuesday after retail sales data as investors are focused on the Federal Reserve’s policy decision to be declared on Wednesday. At the opening bell, the Dow Jones Industrial Average rose 101.7 points, or 0.24%, to 41,723.78. The S&P 500 rose 22.4 points, or 0.40%, to 5,655.51, while…
Source: Live Mint The S&P 500 and the Nasdaq edged lower while Dow Jones rose on Monday, ahead of the Federal Reserve’s monetary policy decision later this week. Investors cautiously awaited the Federal Reserve’s first interest rate cut since 2020 on Wednesday. At 09:50 a.m. the Dow Jones Industrial Average rose 260.54 points, or 0.63…
