Wall Street soars to records in a rate-cut rally
Wall Street romped to records Thursday as a delayed jubilation swept markets worldwide following the Federal Reserve’s big cut to interest rates. The S&P 500 jumped 1.7% for one of its best days of the year and topped its last all-time high set in July.
The Federal Reserve has cut its benchmark interest rate from its 23-year high, with consequences for debt, savings, auto ...
Sales of previously occupied U.S. homes fell in August to the slowest annual pace in nearly a year even as mortgage rates ...
The rate cut, the Fed’s first in more than four years, reflects its new focus on bolstering the job market, which has shown ...
Wall Street is hanging near its records after the Federal Reserve kicked off its efforts to prevent a recession with a bigger ...
Wall Street is rising toward records as a delayed jubilation sweeps markets worldwide following the Federal Reserve’s big cut ...
By ALEX VEIGA, AP Business WriterUpdated Sep 19, 2024 9:35 a.m. The average rate on a 30-year mortgage in the U.S. edged ...
Homebuilder stocks are having a banner year, outpacing the broader market on a wave of optimism that mortgage rates will fall ...
In a speech Thursday following the Federal Reserve’s interest-rate cut, President Joe Biden talked up the importance of the U ...
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