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Stock Market, Dow and Fed
The stock market dipped after a historic Fed rate cut. Here’s what the experts think
This is a Fed that believes they are behind the curve,” Robert Minter, director of ETF Investment Strategy at abrdn, told Fortune.
The stock market got just what it wanted from the Fed
Stocks have historically reacted well to Fed rate cuts. Since 1971, the first Fed cut has led to positive returns for investors 100% of the time in the next six months, with an average gain of 13%, according to Fundstrat's Tom Lee.
Stock Market Today: Dow climbs 100 points after Fed's historic rate cut of 50 basis points
U.S. stocks rose after the Federal Reserve lowered its benchmark interest rates by 50 basis points to a range of 4.75% to 5%. That was the first rate cut in over four years that marked the beginning of a monetary-easing cycle in the world's largest economy.
LIVE
5h
Stock futures rise as traders weigh Fed's super-sized rate cut: Live updates
Central bank policymakers trimmed rates by 50 basis points Wednesday. Stocks initially surged, but ultimately closed lower.
Raw Story on MSN
5h
'Stomachs dropping like Truth Social stock': Trump ridiculed as Fed rate cut boosts Harris
The Federal Reserve's decision Wednesday to slash interest rates spurred an outpouring of jokes about how former President ...
13h
on MSN
The 'Fed put' is back. Here's why central bankers will want to support the stock market, according to Fundstrat's Tom Lee.
A 30% decline in the stock market would "almost guarantee" a recession, which is one reason why Fed put is back on, Fundstrat ...
Opinion
18h
Opinion
The Fed Is a Poor Guide for Stock Investors
The S&P 500 usually rises whether the central bank is raising or cutting rates. There are more reliable ways to decide on ...
1d
Live news: NBA newsbreaker Adrian Wojnarowski to retire from ESPN
Adrian Wojnarowski, a journalist for Disney’s ESPN who revolutionised sports reporting in the digital age through his use of ...
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