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Stock market today: Wall Street leaps toward records as jubilation sweeps markets worldwide
Wall Street is roaring toward records Thursday as a delayed jubilation sweeps markets worldwide following the Federal Reserve’s big cut to interest rates. The S&P 500 was 1.5% higher in early trading and above its all-time closing high set in July.
Copper Hits Two-Month High With Fed Cut Driving Metals Markets
Copper traded near its highest close in three weeks and other metals were mixed as investors digested the Federal Reserve’s bid to defend US growth and the labor market with a half-point rate-cut.
Stock markets close at record highs following Federal Reserve cuts
The Dow Jones Industrial Average closed at 522 points on Thursday, which is a new record, and the S&P 500 also set a record by rising 1.7%. The Nasdaq Composite added 2.5%.
Gold gains as markets gear up for Fed's interest rate verdict
Gold prices gained on Wednesday, as investors awaited for the Federal Reserve to start its U.S. monetary easing cycle for the first time in over four years. Spot gold rose 0.3% to $2,577.75 per ounce as of 9:30 a.
Large Fed Rate Cut Drives Global Markets Higher
The cut, and the prospect of more before the end of the year, pushed MSCI's 47-country world stocks index close to a record high. Wall Street futures were up after the S&P 500 hit its own all-time peak overnight [.N], and Europe also opened strongly. [.EU]
Asian markets track Wall Street
Asian markets built Friday on the latest global rally after a jumbo US interest rate cut this week, while the yen edged up after the Bank of Japan (BoJ) decided against another hike.
Stock market today: Asian markets forge higher after Fed's first rate cut in over 4 years
Asian markets have forged higher after the Federal Reserve kicked off its efforts to prevent a recession in the U.S. with a bigger-than-usual cut to interest rates
Futures slip after Wall Street's rally on Fed's rate cut
U.S. stock index futures edged lower on Friday, pausing after the previous session's rally set Wall Street's main indexes on track for weekly gains following the Federal Reserve's pivotal stance on monetary policy earlier in the week.
Stock Market Today: Dow futures dip from record high following Fed rate-cut-rally
Nike shares are up nearly 8% after the sneaker maker said it would replace Chief Executive John Donahoe with comp
Wall Street jumps to record highs as global markets cheer Fed rate cut
Wall Street jumps to record highs as global markets cheer Fed rate cut.
Stock market today: World markets shoot higher after Fed's first rate cut in over 4 years
Markets in Europe and Asia shot higher on Thursday after the Federal Reserve kicked off its efforts to prevent a recession in the U.S. with a bigger-than-usual cut to interest rates. U.S. futures were higher after a lackluster response on Wall Street to the Fed's move the day before.
1h
What lower rates mean for markets
With the Federal Reserve shifting gears and cutting interest rates by a half point, it’s time for investors, households and ...
6h
India's Nifty, Sensex outperform most global markets, behind only Wall Street
India's NSE Nifty 50 and S&P BSE Sensex are trailing only Wall Street's Nasdaq and S&P 500 as top-performing indexes this ...
1d
Markets reacting positive to Fed cuts is 'wind at the back' of Harris-Walz campaign
The Federal Reserve cut interest rates by half a point and the markets are reacting positively. CNBC senior analyst and ...
2d
Settlement Risk Is ‘Material’ Within Currency Markets, BOE Warns
A sizable amount of currency trades are at risk of failure every day and this will be a key focus for an industry code of ...
15h
India markets regulator bars Axis Capital from acting as banker for new debt issues
India's markets regulator on Thursday barred investment bank Axis Capital from acting as a merchant banker for new debt ...
2d
BlackRock Emerging Markets Fund Q2 2024 Commentary
BlackRock Emerging Markets Fund posted returns of 2.29% (Inst) and 2.21% (Investor A shares, without sales charge) for Q2 ...
4d
Markets Risk Similar Volatility to Carry Trade Unwind, BIS Warns
The Bank for International Settlements is warning the financial system is prone to repeat episodes of volatility like the one ...
Zacks.com on MSN
18h
Markets Celebrate Loosening Interest Rate Cycle
Markets celebrated the Fed’s loosening of interest rates yesterday with a big swell in valuations across the board today.
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