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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.
13m
on MSN
Gold breaks $2,600 barrier as Fed cut bets prolong historic run
Gold soared above the $2,600 level on Friday for the first time, extending a rally boosted by bets for further U.S. interest ...
32m
on MSN
Nasdaq slips, S&P retreats from 5,700 level as Fed euphoria takes a breather
U.S. stocks on Friday were lower, as the euphoria sparked by the Fed's bumper interest rate cut earlier in the week cooled ...
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.
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 ...
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
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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