Dow Jones Industrial Average taps fresh record peak after Fed trims interest rate 50 bps
The Dow Jones Industrial Average (DJIA) has pulled into Wednesday’s midrange near 41,500 as investors await the Federal Reserve's (Fed) first rate cut in over four years. Markets kicked off 2024 hoping for an initial rate cut in March, but have thus far been battled all the way back to Q3. Now it finally looks like the Fed is ready to play ball.
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Dow Jones Rallies As Fed Pivot Fuels Stocks; Nvidia Surges Past Key Level (Live Coverage)Dow Jones stocks jumped more than 400 points after the Fed cut rates by 50 basis points Wednesday. Nvidia soared past a key level.
The S&P 500 was up 2% and trading at a record high Thursday afternoon. The Dow Jones Industrial Average also traded ...
Sources: FactSet, Dow Jones Stock Movers: Gainers, decliners and most actives market activity tables are a combination of NYSE, Nasdaq, NYSE American and NYSE Arca listings. Sources: FactSet ...
The Dow Jones industrial average inched up to another record high on a mixed day of trading for Wall Street. The Dow eked out a gain of 9 points, or less than 0.1%, while the Standard & Poor ...
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Wednesday's rate cut in the world's largest economy was the first such move by the US central bank in more than four years, ...
Following the Federal Reserve's larger-than-usual interest rate cut to launch its efforts to avert a recession, U.S. stock ...
Shares of Apple and Caterpillar are posting strong returns Wednesday afternoon, sending the Dow Jones Industrial Average into positive territory.
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