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The 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 ...