Dow Jones, S&P 500 hit record highs but end lower despite 50 bps cut from the Fed
The selling pressure may have emerged considering the run-up that was already seen in the lead-up to the Fed announcement. The S&P 500 is up nearly 18% so far this year.
S&P 500 Hits All-Time High on Soft-Landing Hopes: Markets Wrap
Stocks rallied across the globe as the Federal Reserve’s half-percentage-point interest-rate cut reignited investor sentiment.Most Read from BloombergAOC Proposes $30 Billion Social Housing AuthorityCalifornia’s Anti-Speeding Bill Can Be a Traffic Safety BreakthroughNew York City’s Transit System Plans $65.
Wall Street rises as S&P 500 hits intraday record high ahead of Fed interest rate decision
Sept historically weak for US equities with benchmark index down about 1.20% for the month, on an average, since 1928
Dow Jones, S&P 500 hit record highs but remain on the edge ahead of Fed rate decision
Both Dow and the S&P 500 have hit record highs in a month that is historically known for being the worst month in the calendar year over the last 10 years, averaging a monthly loss of 1.3%.
Dow leaps to all-time high — then tumbles after Fed slashes rates by half-point
After surging as much as 375 points to an all-time high after the Fed announcement, the Dow turned negative in late trading as investors digested Fed Chair Jerome Powell’s comments. The blue chip index dropped 103.08 points, or 0.3%, to 41,503.10. It hit an intraday record of 41,981.97.
Global Markets Surge on Fed's 50-Basis-Point Rate Cut
The dollar rose, long-dated bond yields increased, and Asian stocks surged after the Federal Reserve announced a 50-basis-point rate cut. The S&P 500 hit a record high. Japan's Nikkei jumped 2.3%, and Chinese bond yields fell.
Stock Market Today: Dow, S&P 500 in record territory after Fed's big rate cut
Small caps are rallying alongside their large-cap and mid-cap peers on Thursday, just as many on Wall Street had expected. This has one small-cap index on the cusp of a notable winning streak. If it finishes higher,
Stock market today: Dow surges 462 points as stocks rally after jumbo Fed rate cut
Indexes rose Thursday as investors digested Wednesday's jumbo rate cut from the Fed and a fall in weekly jobless claims.
Stock market today: Wall Street holds near its record highs ahead of a highly anticipated rate cut
U.S. stock indexes are holding near their records ahead of an announcement that’s expected to kick off a series of cuts to interest rates meant to keep the economy out of a recession. The S&P 500 was little changed in early trading Wednesday.
Stock Market Today: Dow climbs 100 points after Fed's historic rate cut of 50 basis points
Do rate cuts with the stock market at or near all-time highs provide bulls additional fuel or do they portend trouble ahead? Dow Jones Market Data ran back the tape. They found that since 1990, the Fe
Stock market today: Wall Street wavered near its records after Fed delivers a big cut to rates
Wall Street wavered near its records after the Federal Reserve kicked off its efforts to prevent a recession with a bigger-than-usual cut to interest rates. The S&P 500 slipped 0.3% Wednesday after a day of bobbing higher and lower.
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S&P 500, Dow Jones Hit Record Highs: Magnificent 7 Add $400 Billion After Fed's Historic Interest Rate Cut
The central bank’s bold move, a 50-basis-point cut, caught analysts off guard and sent the U.S. stock market to fresh ...
S&P 500 and Dow tag all-time highs, Nasdaq also jumps in the wake of the Fed's 50bp rate cut
Moreover, the bluechip Dow (DJI) also notched a new record high as it crossed above 42K. Early on and the S&P 500 ...
S&P 500 Briefly Hits Record High Just Ahead Of Fed Rate Cut, Extends 7-Day Winning Streak: Tuesday's Top 5 Gainers
S&P 500 hits new record highs amidst expectations for Fed interest rate decision. Small-cap stocks outperform, while uncertainty remains.
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Is It Smart to Buy Stocks With the S&P 500 Near Its Record High? Warren Buffett Has Brilliant Advice for Investors.
In other words, investors that bought an S&P 500 index fund between 1988 and 2023 would have been better off limiting their purchases to days when the S&P 500 hit a record high as ...
Tech stocks drag on S&P 500, Nasdaq as Fed meeting nears
Technology stocks weighed on the S&P 500 and the Nasdaq on Monday as caution set in ahead of the Federal Reserve's pivotal ...
The S&P 500 Hit Record Levels, Then Retreated
The S&P 500 reached its highest levels on record before retreating in Tuesday afternoon trading. The market benchmark set a record intraday trading high of 5,670.81 this morning, but it was down 0.1% ...