The S&P 500’s utilities sector was posting a big rise Friday as stocks in the U.S. large-cap stock index broadly fell in afternoon trade. The S&P 500 was down 0.4% while its utilities sector rallied 2 ...
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Analysts have been anticipating interest rate cuts for a while now, with bets on either a 25- or a 50-basis point reduction.
The U.S. stock market’s volatility gauge continued to fall Friday in a sign of investor relief after the Federal Reserve kicked off its interest-rate cutting cycle. The Cboe Volatility Index was down ...