U.S. stocks ended solidly higher on Wednesday as investors battered by tariff threats took solace in rising expectations for easier monetary policy from the Federal Reserve. The S&P 500 SPX, +0.82% rose 0.6% to end around 7,575. The Dow Jones Industrial Average DJIA, +0.82% picked up 207 points, or 0.8%, to finish near 25,540. The Nasdaq Composite COMP, +0.64% rose 0.6% to end around 7,575.
Fed Chairman Jerome Powell and other senior Fed officials have suggested the central bank could lower rates if trade tensions started to weigh on the economic outlook. Still, investors will keep a wary eye on trade discussions between Washington and Mexico City as representatives from both governments sit down together on Wednesday. In company news, shares of GameStop Corp. GME, -35.
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but aren't these low rates a sign of economic sickness rather than strength?
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Stocks in Asia set to trade higher; Fed signals potential rate cutStocks in Asia were set to trade higher on Tuesday amid ongoing global trade tensions. The Reserve Bank of Australia is also set to announce its interest rate decision later today. Market manipulation. Shocked it’s not Trump or his admin, but Bullard is now just Trump’s mouthpiece. realDonaldTrump forced the Fed’s hand. Ppl who actually have savings get punished as rates tumble again. And EustanceHuang this title is very misleading and laughable. The Fed didn’t signal anything, Bullard just jawboned these markets higher with his personal opinion.
Source: CNBC - 🏆 12. / 72 Read more »
Stocks Close Sharply Higher as Fed Hints at Possible Rate CutMajor indexes rose, with the Dow climbing 512 points, as Fed officials hinted the central bank could lower interest rates if the economy slows. market fixing comes with a huge price just ask George Bush Jr and then ask me why we didn't buy back all US credit ffs no more ffs bailouts of banks next one will be for the people actually Bullard was talking about insurance against px deflation— something the FRB has been working hard at avoiding since then Vice Chair Bernanke commissioned a working paper to combat it back in 2002. That's like stepping on the gas peddle, after sitting at the light for 6 - 12 months. Fed is drunk.
Source: WSJ - 🏆 98. / 63 Read more »
Stocks Surge Because Of Likely Fed CutInvestors are breathing a (small) sigh of relief as stocks rose dramatically in response to a potential federal interest rate cut and the easing of tariff tensions with Mexico by lisettevoytko 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. lisettevoytko Nice bewbs
Source: Forbes - 🏆 394. / 53 Read more »
Asian stocks bounce on Wall Street's Fed cheer; dollar stays weakAsian shares tracked Wall Street's rally on Wednesday, after U.S. central b...
Source: Reuters - 🏆 2. / 97 Read more »
Global stocks are rallying as traders see Fed comments as 'central banks to the rescue'Asian and European stocks and US futures climbed on Wednesday after Fed Chairman Jerome Powell hinted a rate cut could be coming. Fed fuled rallies are great for 'traders' but not so great for 'investors'. This is an 11 yr fraud and must stop.
Source: BusinessInsider - 🏆 729. / 51 Read more »
Global stocks gain in Fed's cheery slipstream, dollar subduedGlobal stocks gained for a third straight day on Wednesday, bolstered by investo... Why is red the new green?
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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...
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Stock market up strongly on rate-cut hopes, optimism over tradeU.S. stocks on Tuesday climb on expectations that the Federal Reserve will cut interest rates.
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Dow gains more than 500 points on second best day of the year for stocksUS stocks recorded their second best day of the year on Tuesday, rallying as hopes for a Federal Reserve rate cut took hold and worries about an escalating trade war took a backseat. Thank you Obama! KeepAmericaGreat all because trump has left the country, this happens every time.. is that a sign ?
Source: cnnbrk - 🏆 393. / 55 Read more »