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Wall Street, FedEx
Wall Street dips after rate cut rally, dollar firms
Wall Street closed flat on Friday, hovering near the previous session's record-high close for the Dow and S&P 500, while the dollar firmed as investors digested the Federal Reserve's 50-basis-point cut midweek that started a rate reducing cycle.
Stock market today: Wall Street edges back from its records as FedEx slumps
A record-setting week for Wall Street is closing on a quieter note Friday, and U.S. stocks are pulling back from their highs hit during a worldwide rally the day before. The S&P 500 was down 0.5% in late trading,
Wall Street closes its record-setting week mixed as FedEx slumps and Nike jumps
U.S. stocks drifted around their all-time highs, as a record-setting week for Wall Street closed on a quieter note
5h
The Fed surprised many investors with a jumbo rate cut this week. It won’t get much easier to predict the next move
Federal Reserve Chair Jerome Powell is known for providing clear signals about the central bank’s next interest rate move in ...
28m
I wonder if the Fed rate cut was politically motivated: Jason Trennert
Strategas chairman and CEO Jason Trennert reacts to the Federal Reserve slashing rates ahead of the election on 'Maria Bartiromo's Wall Street.' ...
8h
Why a top analyst just raised his year-end S&P 500 price target to the highest on Wall Street
"A soft landing is the most likely economic scenario which makes the current environment most comparable to the mid-1990s," ...
1d
Wall St surges at open after Fed kicks off easing cycle
Wall Street's main indexes jumped at the open on Thursday, with the S&P 500 notching an intraday record high after the ...
1d
on MSN
Japan's Nikkei leads gains in Asia Pacific after Wall Street soars on Fed's jumbo rate cut
Traders in Asia will also look toward August consumer prices index from Japan and Hong Kong, and central bank decisions from ...
1d
on MSN
A juicy rate cut and new evidence of a surprisingly resilient economy, Yardeni Research calls it ‘nirvana’
The Fed is cutting into one of the stronger economies we've seen in years," Yardeni Reseach's Eric Wallerstein told Fortune.
1d
Why rate cuts could actually slow the economy instead of sparking growth
Top strategist David Kelly warns of the hidden dangers of a jumbo-sized rate cut after the Fed's recent decision.
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