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Stock market today: US stocks end mixed but finish the week near record highs after the Fed's first rate cut in 4 years
- US stocks were mostly lower Friday, though the Dow eked out a gain to close at a record high.
- The Federal Reserve's first interest rate cut since 2020 helped drive the week's gains.
Matthew Fox
Kelly Cloonan
Matthew Fox
Latest Stories
1 min read
Sanctioned tankers are back to transporting Russian oil in a blow to the West's efforts to restrict crude flows
The number of sanctioned ships carrying Russian oil grew sixfold last month compared to levels in A…
Jennifer Sor
2 mins read
Why a top analyst just raised his year-end S&P 500 price target to the highest on Wall Street
"A soft landing is the most likely economic scenario which makes the current environment most compa…
Matthew Fox
2 mins read
An under-the-radar corner of the stock market has the green light for a 'powerful' catch-up rally, Goldman Sachs portfolio manager says
Additional Fed rate cuts will boost confidence in one overlooked area of the market, a Goldman Sach…
Jennifer Sor
2 mins read
Stock market today: Indexes edge down as traders hit pause after rally to record highs
Friday could see a surge in trading activity due to triple witch option expirations and S&P index r…
Matthew Fox
4 mins read
Indian markets surging to all time highs today: What's happening post Fed decision?
The BSE Sensex surged by 1,400 points to close at 84,544.31, while Nifty rose over 1% to 25,790.95.…
4 mins read
Sensex @ 84k: With 1,359 pts gain, benchmark index settles above historic mark
Sensex hits a record high of 84,544.31, driven by gains in bank stocks and positive global trends, …
2 mins read
Western Carriers IPO allotment – How to check allotment, IPO GMP, listing date and more
West Bengal-based Western Carriers, a multi-modal, rail-focused, 4PL asset-light logistics company …
2 mins read
Stock market today: Indexes close at record highs and tech soars after Fed rate cut
Indexes rallied Thursday, with tech stocks leading the Nasdaq to rise 2.5% as investors continued t…
Kelly Cloonan
1 min read
Investors should be hesitant to dive into stocks after the rate cut, with election uncertainty looming, Fundstrat's Tom Lee says
Tom Lee has called for a stock rally after rate cuts, but even after the Fed cut 50 basis points, h…
Kelly Cloonan
2 mins read
The Fed has poured rocket fuel on the red-hot AI trade
"The Fed finally ripped the band-aid off and cut 50 bps with a dovish dot plot into 2025 that we vi…
Matthew Fox
1 min read
Trump Media stock drops as lockup expiration set to give the former president clearance to sell shares
With the lockup period set to expire, Trump could start offloading his nearly $2 billion worth of s…
Jennifer Sor
2 mins read
The Fed is following its 1995 playbook — and that's great news for stocks and the economy
The Fed's cutting cycle in 1995 sparked an economic boom, with the stock market more than doubling …
Jennifer Sor
2 mins read
Stock market today: Dow surges 462 points as stocks rally after jumbo Fed rate cut
Indexes rose Thursday as investors digested Wednesday's jumbo rate cut from the Fed and a fall in w…
Kelly Cloonan
2 mins read
Arkade Developers IPO allotment – Check allotment status, GMP, listing date and more
Mumbai-based Arkade Developers, a real estate development company focused on developing high-end re…
2 mins read
Northern Arc Capital IPO allotment – How to check allotment, IPO GMP, listing date and more
Chennai-based Northern Arc Capital, a non-banking financial company (NBFC) that offers retail loans…
2 mins read
The stock market got just what it wanted from the Fed
"The Fed has given the market what it was looking for," said one market strategist.
Jennifer Sor
1 min read
The SEC wants to make trading stocks cheaper for the average investor
In an effort to reduce costs for investors, the SEC will start quoting some stocks in half-penny in…
Filip De Mott
2 mins read
Gen Z's love of discount stores could send these 3 retail stocks soaring as much as 18%, Bank of America says
Amid high inflation, Millennials and Gen Z are increasingly shopping at TJ Maxx, Burlington, and Ro…
Kelly Cloonan
2 mins read
Trump-supporting hedge fund billionaire says he'll pull his money out of the market if Harris wins the election
Trump fundraiser John Paulson told Fox Business that he'll sell stocks, move to cash, and buy gold …
Filip De Mott
2 mins read
The 'Fed put' is back. Here's why central bankers will want to support the stock market, according to Fundstrat's Tom Lee.
A 30% decline in the stock market would "almost guarantee" a recession, which is one reason why Fed…
Jennifer Sor
3 mins read
Stock market today: Indexes edge up ahead of major Fed interest rate decision
Markets are pricing in with certainty that the Fed will deliver a rate cut this afternoon, the firs…
Jennifer Sor
2 mins read
Stock market today: Stocks close mixed as investors gear up for major Fed rate decision
Though the S&P 500 briefly touched a new record, equities were mixed as investors remain split over…