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The Federal Reserve reduced its benchmark interest rate for the first time since 2020, a key shift in its fight against inflation. WSJ’s Nick Timiraos explains why this is the Fed’s make-or ...
US stocks closed mixed on Friday as rate-cut euphoria faded, but the Dow Jones Industrial Average (^DJI) managed to stay above the 42,000 level again to eke out another record close. The S&P 500 ...
After surging as much as 375 points to an all-time high after the Fed announcement, the Dow turned negative in late trading as investors digested Fed Chair Jerome Powell’s comments. The blue ...
The Dow Jones Industrial Average moved past another thousand-point milestone Thursday, its fifth of the year. It took the blue-chip index only 45 trading days to make the 2.4% move to 42000 from ...
US stocks soared, with the Dow Jones Industrial Average (^DJI) closing above the 42,000 level for the first time amid growing optimism that the Federal Reserve's jumbo interest rate cut will ...
The Dow closed 522 points, or 1.3%, higher, reaching a new record after passing the 42,000 level for the first time. The S&P 500 rose 1.7%, topping 5,700 for the first time and also closing at a ...
Daniel Foelber has no position in any of the stocks mentioned. The Motley Fool has positions in and recommends Adobe, Alphabet, Amazon, Apple, Meta Platforms, Microsoft, Tesla, and Visa.
The Dow Jones Industrial Average will likely remain in focus on Friday after setting a new record high today above 42,000, gaining momentum after the Fed's big half-point rate cut yesterday.
The Dow ended above 42,000 for the first time ever, while also logging a record close alongside the S&P 500. U.S. stocks surged a day after the Federal Reserve cut interest rates for the first ...