Stock Market Today: Dow scores new record close as expectations grow for jumbo rate cut
U.S. stocks ended mixed on Monday, as traders’ expectations for the Federal Reserve to deliver a 50-basis-point rate cut on Wednesday continued to grow. The Dow Jones Industrial Average went up 228.30 points or 0.
Stock Futures Soaring on Rate-Cut Optimism
Major indexes in Europe are also moving higher, with the Bank of England’s (BoE) decision to hold interest rates at 5% in focus. Retail stocks are also in rally mode, contributing to the London’s FTSE 100 1.1% gain, while France’s CAC 40 is up 2%, and Germany’s DAX was last seen 1.6% higher.
Follow along for live updates on stocks and other markets, including the Dow Jones Industrial Average, S&P 500 and Nasdaq Composite.
U.S. stocks ended sharply higher on Monday, as equities bounced back from the worst week for the S&P 500 and the Dow Jones ...
There’ll be no prizes for guessing what’s moving markets this morning. The Federal Reserve’s decision to [slash interest rates by a jumbo 50 basis points]( ...
Wall Street is coming off a choppy session, after a late-day advance in tech shares helped the major benchmarks rebound from ...
The Dow Jones Industrial Average (DJIA) has pulled into Wednesday’s midrange near 41,500 as investors await the Federal ...
The Federal Reserve now looks fully teed up for a quarter-point cut to interest rates at its monetary-policy meeting next week. Dow Jones Industrial Average futures were up 52 points, or 0.1%.
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