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The S&P 500 has soared this year, starting first as the U.S. economy remained stunningly resilient to higher interest rates and continuing in November after the U.S. presidential election ...
US indexes edged higher as investors waited for a likely interest rate cut from the Fed. The central bank will wrap up its policy meeting at 2 p.m. ET, with markets pricing in a 50 basis point move.
Interest rates are historically high because of the Fed’s fierce post-pandemic inflation fight. In the span of just a year and a half, the Fed hiked interest rates 11 times by the fastest pace ...
The S&P 500 fell 0.5% and had been down as much as 1.2% during the day. It was the fourth straight drop for the main measure of the U.S. stock market’s health after it set an all-time high last week. The Nasdaq composite sank 1.4% as several influential Big Tech companies lost momentum and screeched lower.
US stocks jumped on Friday as S&P 500 and Nasdaq 100 aimed for a five-day win streak. Investors are focused on the Federal Reserve's upcoming interest rate cut announcement next week.
Financing $500,000 on a 30-year fixed-rate mortgage would’ve cost a borrower roughly $2,371 a month in principal and interest when rates hit a record low of 2.93 percent in Bankrate’s national ...
The S&P 500 and Nasdaq rose 0.57% and 0.63%, respectively, while the Dow Jones increased by over 100 points. The 10-year Treasury yield rose three basis points to 4.298%. The US dollar jumped ...
The benchmark index closed at 6,118, eclipsing the S&P 500's record close of 6,090 on December 6. Stocks gained after Trump made comments advocating for lower oil prices and interest rates.