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The two-year Treasury, which is highly sensitive to Fed policy, surged 10 basis points to 4.34%. The Fed cut its benchmark rate another 25 basis points, in line with what investors had expected.
The Dow Jones Industrial Average added 0.1%, and the Nasdaq composite fell 0.1%. The S&P 500 slipped less than 0.1% Thursday, its first loss after three straight gains.
The Dow Jones Industrial Average was aiming to break a 10-day losing streak, its worst since 1974. The index was up over 300 points at the open after it shed 1,123 points in Wednesday's session.
The Dow Jones Industrial Average rose nearly 500 points, giving back some of its intraday gains after being up over 800 points. The Nasdaq Composite and the S&P 500 were up over 1%.
The Dow rose just 15 points to narrowly break a 10-day losing streak, its worst in 50 years. The S&P 500 and the Nasdaq dipped again, with attention turning to Friday's PCE report.
NEW YORK (AP) — Stocks posted solid gains as Wall Street put the finishing touches on one of its best months of the year. The S&P 500 rose 0.6% while the Dow Jones Industrial Average gained 0.4% ...
The Dow Jones Industrial Average jumped Friday for its best session of the year, as investors wrapped up a strong month after the Federal Reserve’s preferred inflation measure came in largely ...
Dow Jones Industrial Average: 40,563.06, up 1.4% (555 points) Nasdaq composite : 17,594.50, up 2.3% Data released Wednesday showed consumer inflation cooled to 2.9% in July, its lowest level in ...