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US stocks rallied on Friday with the Dow Jones Industrial Average gaining more than 450 points after Federal Reserve Chairman Jerome Powell confirmed that interest rate cuts are near.
The Dow Jones Industrial Index was nearly flat after surging by more than 1,500 points on Wednesday. Here's where US indexes stood at the 4:00 p.m. closing bell on Thursday: S&P 500 : 5,973.10, up ...
US stocks plunged on Friday after a strong December jobs report dashed investor hopes of more interest rate cuts from the Federal Reserve this year. The Dow Jones plunged 697 points, while the ...
The Dow Jones Industrial Average dipped 137 points, or 0.3%, and the Nasdaq composite fell 0.5%. The reaction was also relatively muted in the bond market following the Fed’s decision, which could hint at rates staying on hold for a while following their swift drop at the end of 2024.
U.S. stock indexes slipped Wednesday after the Federal Reserve opted not to cut interest rates for the first time since it began trying to help the economy through easier rates in September. The S ...
Stocks largely remained unchanged Thursday afternoon after the Fed announced a 25-basis-point interest rate cut. The Dow Jones Industrial Average declined slightly, while the S&P 500 continued a ...
NEW YORK (Reuters) -The Dow Jones industrial average hit its first record closing high since January 2022 and the S&P 500 and Nasdaq rallied more than 1% each on Wednesday after the Federal ...
Federal Reserve Chair Jerome Powell holds a press conference following a two-day meeting of the Federal Open Market Committee on interest rate policy in Washington, U.S., July 31, 2024.