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The Fed had just begun easing its main interest rate from a two-decade high a couple months ago to offer support for the job market. While lower interest rates can boost the economy, they can also ...
The S&P 500 and the Nasdaq jumped to a fresh record high on Thursday after the Fed delivered a 25 basis point rate cut. Stock market today: Stocks extend post-election rally as the Fed cuts ...
Stock market news live updates: Stocks crater, Dow hits 2022 low, and oil plunges as Fed and growth fears roil markets Alexandra Semenova Updated September 23, 2022 at 7:35 PM
Good news on the U.S. economy is back to being bad for Wall Street, and the stock market slumped Tuesday following better-than-expected reports on the job market and business activity. The S&P 500 ...
U.S. stocks wavered on Wednesday, following two job prints that showed the labor market remains tight amid sticky inflation. Stock market news today: Stocks finish mixed as Powell wraps up ...
The CPI started this past year at 3.1%, jutted higher in March — an increase feared as a reacceleration — kept interest rate cuts off the table but ultimately was short-lived.
US stocks traded mostly higher on Monday, with technology stocks helping the Nasdaq and the S&P 500 hit records as members of the Federal Reserve talked about the potential for another interest ...
Stocks inched higher on Wednesday amid a shortened week of trading and few major catalysts to drive market action. The S&P 500 neared an all-time high close of 4,796.56 on Wednesday but couldn't ...