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Nasdaq, S&P, Dow edges up on rate cut hopesThe stock index edged ... as hopes of rate cuts in the year rose after Federal Reserve chair Jerome Powell's testimony to Congress yesterday. The S&P 500 (SP500) +0.3%, Nasdaq Composite (COMP ...
November's CPI reading bolstered confidence in another rate cut this month. The producer price index report will be released on Thursday. The Nasdaq Composite soared to a record high on Wednesday ...
Tech stocks led the massive rally as the Nasdaq Composite (^IXIC) gained more than 2.5%. Investors shrugged off concerns of any recession after the Federal Reserve cut rates by 50 basis points.
Live Updates Live Coverage Has Ended Markets Turn Positive 1:37 pm by The stock market has managed to crawl its way back ...
Consequently, the tech-heavy Nasdaq Composite Index has surged 21% year ... the Fed Chairman’s recent dovish comment on interest rate cut, have skyrocketed market participants’ expectation ...
The Nasdaq composite index closed at a record high Wednesday, rallying almost 350 points for its first-ever close above 20,000. The tech-heavy index gained 1.8 percent after November’s inflation ...
The new fed funds target rate is 4.25% – 4.50%. While this cut was expected ... streak since 1974… the S&P fell 3%… and the Nasdaq lost 3.6%. Meanwhile, the 10-year Treasury yield has ...
According to preliminary data, the S&P 500 gained 85.84 points, or 1.58%, to end at 5,522.28 points, while the Nasdaq Composite gained ... loaded for September rate cut and they're going to ...
The Nasdaq Composite and S&P 500 closed out the week at fresh highs after new data on the labor market shored up confidence that the Federal Reserve can soon cut rates. The gains extended a run ...
For the month, the Consumer Price Index (CPI) rose by a mere 0. ... The post Live Nasdaq Composite: Inflation Rate Eases to Multi-Year Low, Stocks Stall appeared first on 24/7 Wall St..
Stocks were boosted in May by easing trade tensions, solid corporate earnings and signs the U.S. economy remains resilient ...
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