Wall Street’s main indexes capped off a tumultuous week where global markets were rattled and fears of a recession in the world’s biggest economy.
Read More Wall St edges lower as volatile week draws to a close
Tag: interest-rate cuts
S&P 500, Nasdaq notch record highs with inflation data, earnings in focus
The Nasdaq and the S&P 500 hit record highs on Monday, while the Dow scaled a more than one-month high as investors awaited a key inflation report.
Read More S&P 500, Nasdaq notch record highs with inflation data, earnings in focus
S&P 500 notches record high as Nvidia rally continues
The benchmark S&P 500 touched a record high on Thursday, boosted by strong gains in Nvidia.
Read More S&P 500 notches record high as Nvidia rally continues
Wall St slides as rate worries push bond yields higher
Wall Street indexes retreated as concerns around the timing and scale of the Federal Reserve’s interest rate cuts pushed Treasury yields higher and pressured stocks.
Read More Wall St slides as rate worries push bond yields higher
Dow sprints past 40,000-mark on earnings boost, rate-cut bets
The Dow Jones Industrial Average breached the 40,000-point level for the first time ever on Thursday.
Read More Dow sprints past 40,000-mark on earnings boost, rate-cut bets
Fed to hold rates steady as inflation dims hopes for policy easing
The Fed is almost certain to hold its benchmark overnight interest rate steady, with investors placing nearly a 100% probability on that outcome.
Read More Fed to hold rates steady as inflation dims hopes for policy easing