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Federal Reserve, Wall Street
Wall Street Climbs on Earnings and Fed Rate Cut Expectations
U.S. stocks were mixed on Thursday as investors waited for the Federal Reserve's decision on interest rates, due later in the day.
Most of Wall Street rises after the Fed cuts interest rates
JPMorgan Chase fell 4.3%, a day after banks decisively led the market on expectations that a stronger economy and lighter regulation would mean fatter profits. It and Goldman Sachs were the biggest reasons for the Dow’s slight loss.
Asian stocks climb on Wall Street's lead; dollar sags after Fed cut
Asian stocks rose broadly on Friday, tracking Wall Street's overnight rise to record highs, as investors digested the Federal Reserve's message for careful interest rate cuts even with expectations for big fiscal spending under incoming President Donald Trump.
NBC New York
4d
Asia-Pacific markets mixed after Fed rate cut boosts Wall Street rally; China's NPC in focus
Hong Kong's monetary authority on Friday
cut
its benchmark interest
rate
by 25 basis points to 5%, mirroring the U.S.
3d
Wall Street Lunch: Chairman No
Powell says president removing Fed chairman 'not permitted under the law.' FOMC cuts rates by 25 basis points as expected.
3d
US Fed Meeting Highlights: Sensex, Nifty 50 fall, Wall Street rallies after Fed rate cut, US election results
Jerome Powell-led FOMC last reduced the policy rate by 50 bps for the first time in four years in September after leaving it ...
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