Stocks turn negative after Fed decision to cut rates by quarter point

U.S. stocks flipped from modest gains to losses Wednesday afternoon, following the release of a decision by the Federal Reserve's interest-rate setting committee to cut the federal funds rate by a quarter point to between 2% and 2.25%, while ending its plan to reduce its balance sheet through the sale of government bonds two months earlier than expected. The Dow Jones Industrial Average DJIA, -0.17% fell by 77 points or 0.3%, to 27,125 and the S&P 500 SPX, -0.

Lower interest rates are typically bullish for stocks, as they compress the yield investors earn on bonds and other debt, making equity investments more attractive in comparison. They also are thought to stimulate economic activity by lower borrowing costs for households and corporations. However, investors were widely expecting a 0.

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Here are the best Dow stocks to buy on the day Fed cuts ratesThe Federal Reserve is expected to cut rates this week for the first time since 2008, potentially giving investors the green light to play offense. Here are the stocks that tend to pop on the day the central bank pulls the trigger. It’s too late if you haven’t already, you guys. Gotta stay ahead of CNBC. Awesome No worries folks just another day of computerized organized crime on WS, any day now June & July will be wiped out in milliseconds, past 2 weeks you can really see what a rigged racket the markets really are, same daily BS micromanaged by the financial media carnival barkers lol
Herkunft: CNBC - 🏆 12. / 72 Weiterlesen »

Stocks edge lower on mega-cap tech losses as investors await the FedBoth the S&P 500 index and Nasdaq composite fell in US trading on Monday, while the Dow Jones Industrial average edged higher. Aye right. If only things were so simple.
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Asia stocks higher ahead of Fed, pound pressured by fresh Brexit painAsian stocks edged up on Tuesday as equity investors prepared for an expected U....
Herkunft: Reuters - 🏆 2. / 97 Weiterlesen »

Asia stocks gain ahead of Fed, pound pressured by fresh Brexit painAsian stocks gained on Tuesday as equity investors prepared for an expected U.S.... Brexit pain? No Brexit pain for Brits, we are galloping toward it, welcoming whatever it holds. Do appreciate Reuters are not neutral, but we have become used to media who know nothing about anything & just print their own fantasies.
Herkunft: Reuters - 🏆 2. / 97 Weiterlesen »

European stocks seen higher ahead of key Fed meetingEuropean stocks are set to open higher on Tuesday as investors prepare for an expected interest rate cut from the U.S. Federal Reserve.
Herkunft: CNBC - 🏆 12. / 72 Weiterlesen »