Stocks Surge Because Of Likely Fed Cut

: Investors are breathing a sigh of relief as stocks rose dramatically in response to a potential federal interest rate cut and the easing of tariff tensions with Mexico.

All three major U.S. markets are up after a tumultuous period of trading, with recession worries, Mexico and China tariff standoffs, and the federal government’s upcoming antitrust investigations of Amazon, Google, Facebook, and Apple all contributing to serious downward momentum The Dow Jones Industrial Average ended with its best performance since January of this year, closing with a 512 point gain, up 2% from Monday’s close.

Nasdaq is trading with a 194-point, or 2.6%, gain in after-hours, while the S&P 500 is trading up nearly 60 points, a 2.1% gain from Monday. Federal Reserve chair Jerome Powell said today, “We are closely monitoring the implications of these developments for the U.S. economic outlook and, as always, we will act as appropriate to sustain the expansion,” according to theThe markets rallied immediately after Powell’s comments, which investors are interpreting to mean the Fed will likely cut interest rates to keep the economy stable.about an agreement on the proposed 5% tariffs in a Washington, D.C., news conference on Tuesday.

lisettevoytko Nice bewbs

lisettevoytko Tariff For Dummies: A Tariff is a tax on American Goods coming into the country . American good made in other country lowers the cost you pay at the register. If another country is accused of having Tariff on goods coming into their country, they are taxing their own people.

Singapore Singapore Latest News, Singapore Singapore Headlines

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

Cannabis stocks surge toward first gain in 6 daysCannabis stocks traded broadly higher Tuesday, as an upbeat industry research note helped provide a welcome reprieve from the string of losses resulting from... Are you saying they are getting high
Source: MarketWatch - 🏆 3. / 97 Read more »

U.S. stocks surge on comment by Fed's PowellWall Street's three major indexes clocked their biggest one-day gains in fi... Fed: The economy can’t sustain itself at normal interest rates Wall St: Did somebody say cheap debt?
Source: Reuters - 🏆 2. / 97 Read more »

Oil rises on declining U.S. crude stocks, but trade war worries lingerOil prices rose on Thursday after an industry report showed a bigger-than-expect... We are on a economic rollercoaster ride. My IRA is flat & back where it was when Trump took office. Under Obama I had slow but steady sustained gains for 5 years.
Source: Reuters - 🏆 2. / 97 Read more »

Oil prices rise on fall in U.S. crude stocks, but trade war worries cap gainsOil prices rose on Thursday after a bigger-than-expected decline in U.S. crude i...
Source: Reuters - 🏆 2. / 97 Read more »

Fears of prolonged trade war weigh on Asia stocks; bonds rallyAsian stocks tracked Wall Street losses on Thursday as the latest exchanges betw... AFRICAN MUST TIMELY.
Source: Reuters - 🏆 2. / 97 Read more »

Global stocks to keep climbing but trade war a major hurdle: Reuters PollGlobal stocks will continue their march to higher ground but an escalation of th...
Source: Reuters - 🏆 2. / 97 Read more »