Stocks rallied Wednesday as investors continue to anticipate more stimulus measures from the Federal Reserve.
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BING NEWS:
- Nasdaq Jumps Over 100 Points; Kellanova Posts Upbeat Results
Kellanova reported a first-quarter FY24 sales decline of 4.3% year-on-year to $3.20 billion, beating the analyst consensus estimate of $3.16 billion. Adjusted EPS of $1.01 beat the consensus estimate ...
05/2/2024 - 2:52 am | View Link - No Rate Cuts Anytime Soon
The Fed throws cold water on near-term rate cuts … but the market jumps higher (at least, initially) … why the last mile of inflation will be the hardest … too much money chasing too few goods Today, ...
05/1/2024 - 3:49 pm | View Link - Stocks Close Mixed. The Fed Rally Fizzled.
Stocks couldn't hold on to their gains Wednesday even though Federal Reserve Chair Jerome Powell appeared less hawkish than traders had feared at his latest press conference. The Dow Jones Industrial ...
05/1/2024 - 9:04 am | View Link - Stock Market News: Dow Jumps After Fed Rate Decision
Stocks jumped after the Federal Reserve kept interest rates steady. Investors have turned their attention to Chair Jerome Powell's news conference, which is now underway. Yields for 2-year and 10-year ...
05/1/2024 - 7:59 am | View Link - Dow Jumps 200 Points Following Fed Decision; Pfizer Earnings Top Estimates
U.S. stocks traded higher toward the end of trading, with the Dow Jones index gaining over 200 points on Wednesday. The Federal Reserve opted to keep the federal funds rate unchanged at 5.25% to 5.5%, ...
05/1/2024 - 7:33 am | View Link - More
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