U.S. Stocks Rise to Records Following Powell’s Comments

The S&P 500 and the Nasdaq Composite touched all-time highs, with the S&P briefly eclipsing the 3000 level for the first time. The indexes were up 0.5% and 0.8% in recent trading, respectively. The Dow Jones Industrial Average climbed 0.

July madness. The bubble keeps getting bigger.

So are they cutting rates, or is it only a talking thing again. Just cut or stay. Canada stayed. OMG

Rate cut means the economy is slowing down again.... Trump tariffs putting us into recession.

Never forget about this guy's kids

And here comes the increase.

Literally anyone who’s been paying attention knows they shouldn’t cut rates...

This tells us everything. The rate cut is because the economy is inefficient and is not working for the majority of Americans so they want to lure people in deeper. This will lead to inflation and ultimately another recession. Band-aids don’t fix cancer

Perverse. To quote the NYT 'in essence, investors are celebrating a weak outlook for growth as a result of the trade war, which the central bank recently said could discourage business spending and may be contributing to a manufacturing slowdown.'

A rate cut is NOT warranted in a thriving economy. This is irresponsible and a cave to political pressure. Something our Fed is supposed to be above. realDonaldTrump marcorubio federalreserve

All the evidence you need to know a rate cut is not warranted.

Business Business Latest News, Business Business Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

US stocks drop on lower odds for steep Fed rate cutStocks are down on Wall Street in morning trading amid growing speculation among investors that unexpectedly strong U.S. employment data may keep the Federal Reserve from aggressively cutting interest rates How can an economy be strong and the need to cut interest rates exist? Im afraid if we get another recession It’s almost as if they know that a down market increases the likelihood of a rate cut, which then leads to a bigger bump in stock prices. A skeptical, critically thinking individual may think they’re gaming the system. But, of course, Wall Street wouldn’t do that.
Source: ABC - 🏆 471. / 51 Read more »

Swiss stocks are collateral damage in a worsening trade rowSwitzerland bans trading of its shares outside its borders in response to the EU’s strong-arm tactics I don't like my face so i'll cut off my nose. 👏
Source: TheEconomist - 🏆 6. / 92 Read more »

Investors should buy Chinese internet stocks, UBS and Credit Suisse sayUBS and Credit Suisse are saying Chinese internet stocks will be a good buy for investors. JUST IN:'Great moral collapse' Uh, right. Yessiree. I'll stick with American
Source: CNBC - 🏆 12. / 72 Read more »

Cramer Remix: Why to own individual retail stocks over the sector ETF'I'd rather own the best than a mix of the best, the mediocre, and the worst,' Jim Cramer says. Yes agree but now 50% of the market is ETFs, which is telling us all something to pay attention to. To enrich your broker.
Source: CNBC - 🏆 12. / 72 Read more »

The 5 Worst Stocks So Far This YearWith the first half of 2019 now history and the Fourth of July holiday upon us, it’s time to take stock of how stocks have fared so far. Check out Nordstrom, Gap, Mylan, and other bottom-performing stocks.
Source: MarketWatch - 🏆 3. / 97 Read more »