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Stock Market, Fed
Stock market today: S&P 500, Dow back away from records as Fed cheer fizzles
The S&P 500 ( ^GSPC) fell roughly 0.3%, after the benchmark index ended at an all-time high. The Dow Jones Industrial Average ( ^DJI) traded steady on the heels of notching its own record close. Leading the way lower, contracts on the tech-heavy Nasdaq Composite ( ^IXIC) dropped 0.3%.
The Fed just made a jumbo rate cut. Here are 5 takeaways on what it means for mortgages and more.
The Federal Reserve made a 0.50 percentage point cut, double the typical reduction. Here's what's behind the decision.
If you own a home or hope to buy one soon, what does the Fed’s interest rate cut mean for you?
Over the past few years, elevated mortgage rates and sky-high housing prices have contributed to a lack of home affordability.
29m
on MSN
Fed blackout period will lift with Waller's CNBC appearance on Friday
The Federal Reserve's blackout period on public comment around meetings of the U.S. central bank lifts on Friday after a key ...
1h
on MSN
Copper Enjoys Strong Week With Boost From Fed, China Demand
Copper rose to a two-month high to cap a strong week for metals, helped by the Federal Reserve’s half-point rate cut.
23h
on MSN
Mortgage rates drop to lowest since early February 2023 after Fed’s jumbo interest rate cut
Sales of previously owned homes in the United States fell sharply in August, despite mortgage rates plummeting that month.
2h
Fed's relaxed bank-capital plan faces FDIC pushback, Bloomberg News reports
The U.S. Federal Reserve's watered-down version of a landmark bank capital proposal is facing resistance from the Federal ...
22h
on MSN
What does the Fed interest rate cut mean for mortgages and homebuyers?
Mortgage rates closely track the yield on a 10-year Treasury bond, or the amount paid to a bondholder annually. In the ...
2h
on MSN
Surprised by how fast the market reacted to the Fed's rate cut, says Morgan Stanley's Andrew Slimmon
Andrew Slimmon, senior portfolio manager at Morgan Stanley Investment Management, joins ‘Squawk Box’ to discuss Wall Street's ...
3h
Fed blackout period lifts with Waller due on CNBC at 11:30
The U.S Federal Reserve's blackout period on public comment around meetings of the central bank lifts on Friday after a key ...
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