The market is celebrating the Fed's 50 basis point rate cut. Read why the potential benefits of the cut are already priced in ...
Chairman Powell's 50-basis point rate cut aims to sustain a healthy labor market and reflects market expectations. Read more ...
The S&P 500 Index (SPX) fell back after Wednesday’s Federal Reserve half-percentage-point rate cut, unable to hold new highs.
Abundant rainfall this year has boosted kharif crop sowing, but excess rains in September may lead to crop damage and add ...
Markets price in roughly 40 bps of rate cuts by year-end and see around a 65% chance of a quarter-point cut in November. A ...
Bitcoin (BTC) extends recent gains and trades above $62,000 at the time of writing on Thursday, following a 2.4% increase the ...
The Dow Jones Industrial Average will likely remain in focus on Friday after setting a new record high today above 42,000, ...
Wednesday’s cut lowers the federal funds rate into a range of 4.75% to 5%, down from its prior range of 5.25% to 5.5%. That shift may seem subtle, but with more cuts expected, lower mortgage rates and ...
The Benchmark Indices on Wednesday after scaling new highs, however corrected to end with 0.16% decline ahead of FOMC meeting ...
Silver prices rise to $30.68 following the Fed’s surprise 50bps rate cut and increasing demand from China’s tech and solar sectors.
The S&P 500 jumped to an all-time high above 5,700 on Thursday morning as U.S. stocks rallied on the Federal Reserve's ...
The dollar bounced, long-dated bond yields were up and Asian stocks rose after the U.S. Federal Reserve announced a ...