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Fed, Wall Street
Wall Street ends mixed while inflation data keeps Fed rate-cut hopes intact
The Dow and the S&P 500 ended slightly higher on Wednesday while the Nasdaq lost ground after October data showed consumer prices rising in line with expectations, adding support to bets that the U.S.
CPI inflation sparks Fed interest rate cut bets
U.S. inflation ticked higher in October, but stable core price pressures and tame month-on-month gains prompted a sigh of relief on Wall Street and likely supported bets for an end-of-year interest rate cut from the Federal Reserve.
Most of Wall Street rises after the Fed cuts interest rates
JPMorgan Chase fell 4.3%, a day after banks decisively led the market on expectations that a stronger economy and lighter regulation would mean fatter profits. It and Goldman Sachs were the biggest reasons for the Dow’s slight loss.
Wall Street drifts near record highs
Inflation Data Boots Wall Street as Stocks Hover Near Records
The new numbers have boosted hopes that more help for the economy will arrive next month from another cut to interest rates.
Stock market today: Wall Street drifts near record highs after an in-line inflation report
U.S. stocks are drifting near their records after the latest inflation update boosted hopes that more help for the economy will arrive next month from another cut to interest rates. The S&P 500 was up 0.
Stock market today: Indexes edge higher after tame October inflation report
Inflation was in-line with expectations, leading investors to solidify bets for another quarter-point Fed rate cut in December.
Milwaukee Journal Sentinel
8h
Wall Street edges higher after inflation data keeps Fed rate-cut hopes intact
Nov 13 (Reuters) -
Wall
Street
's main indexes inched higher on Wednesday ... Expectations for a 25-basis point interest ...
Newsweek on MSN
6d
Wall Street Climbs on Earnings and Fed Rate Cut Expectations
U.S. stocks were mixed on Thursday as investors waited for the Federal Reserve's decision on interest rates, due later in the ...
6d
on MSN
Wall Street Has Best Fed Day of 2024 Across Assets: Markets Wrap
US stocks advanced, with traders expecting the Federal Reserve to cut interest rates later on Thursday. The S&P 500 rose 0.6% ...
6d
US Fed Meeting Live Updates: Wall Street cheers Fed rate cut, US election results; S&P, Nasdaq close at record high
Jerome Powell-led FOMC voted unanimously to slash the benchmark interest rate by 25 bps to 4.50 - 4.75 per cent in the ...
NBC New York
7d
Asia-Pacific markets mixed after Fed rate cut boosts Wall Street rally; China's NPC in focus
Hong Kong's monetary authority on Friday
cut
its benchmark interest
rate
by 25 basis points to 5%, mirroring the U.S.
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