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.
Futures for the Dow Jones Industrial Average slipped 18 points, effectively trading flat, and S&P 500 futures ticked down 0.1%. Both gauges had rallied to new highs on Thursday as investors mulled the ...
"While we acknowledge risks of larger cuts at subsequent meetings, we think the Fed will start off with a 25bp cut next week, ...
The S&P 500 ( ^GSPC) climbed roughly 1.5%, while the Dow Jones Industrial Average ( ^IXIC) rose more than 1% with both ...
Bullish sentiment for specialty retail stocks, plus a top-down move on trade, should continue to help the company's share ...
Odds of a 50 basis point interest rate cut next week have surged as investors worry about a slowdown in the job market.
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