Dow jumps 500 points, S&P 500 closes above 5,700 for the first time a day after Fed slashes rates: Live updates
Stocks jumped Thursday, with the Dow Jones Industrial Average and S&P 500 rising to new all-time highs.
Japan, Hong Kong lead gains in Asia-Pacific markets as investors digest outsized Fed rate cut
Investors in Asia will parse Fed’s decision, New Zealand GDP figures, August trade data from Malaysia, unemployment rate from Australia.
‘Fertile hunting ground’: Portfolio manager names 9 stocks to cash in on India’s growth
Yi Ping Liao of Franklin Templeton explains why she’s bullish on India, and names “exciting opportunities” to look out for.
‘This party is going to continue’: Nvidia and a $1 trillion AI boom will boost tech stocks, Dan Ives says
“Everything we’re seeing from … Nvidia … this party is going to continue … for the next six to eight quarters,” the Wedbush tech analyst says.
How Fed rate cuts affect the global economy
Federal Reserve interest rate decisions can influence the trajectory of the U.S. economy and create spillover effects in parts of the global financial system.
Bitcoin whipsaws after Fed cuts interest rates for the first time in four years: CNBC Crypto World
CNBC Crypto World features the latest news and daily trading updates from the digital currency markets and provides viewers with a look at what’s ahead with high-profile interviews, explainers, and unique stories from the ever-changing crypto industry….
Gold has rallied ahead of Fed rate cuts. Here’s why there could still be more upside
Gold often rallies after Fed rate cuts, but it has already raced ahead of stocks in 2024.
Apple could fall to $200 on iPhone worries and that’s when you buy, says Morgan Stanley
Concerns about iPhone lead times could send Apple shares lower in the near term, according to Morgan Stanley.
Fed meeting recap: Chair Jerome Powell defends central bank’s decision to go big with first cut
The Federal Reserve slashed interest rates by 50 basis points at the conclusion of its September policy meeting.
Stocks making the biggest moves midday: Intuitive Machines, U.S. Steel, Victoria’s Secret and more
These are the stocks posting the largest moves in midday trading.
