Stocks saw a late surge collapse Tuesday as investors reassessed U.S. Federal Reserve moves to try and support an increasingly wobbly economic recovery. The Dow Jones Industrial Average finished down 54.50 points, or 0.51 percent, at 10,644.25 after climbing after the Fed announcement to erase...

BING NEWS:
  • 3 Best Homebuilder Stocks To Invest In: What To Know as the Fed Plans Interest Rate Cuts for 2024
    In 2024, the Federal Reserve intends to cut its key interest rate three times, forecasting a slow but steady decline in inflation alongside growth in the job market and economy. These rate ...
    05/4/2024 - 11:00 am | View Link
  • Why Investors, And Maybe The Fed, Cheered April’s Hiring Slowdown
    U.S. employers added fewer jobs than forecast in April, breaking a three-month-long streak of hotter-than-expected jobs data. The news gave markets a boost, and could be exactly what the Federal ...
    05/3/2024 - 6:54 am | View Link
  • Fed holds interest rates higher for even longer as inflation remains high
    Fed officials have said in past meetings that they anticipated rate cuts for 2024 but need more confidence that inflation is heading toward the 2% target rate. Federal Reserve Chair Jerome Powell ...
    05/2/2024 - 5:17 am | View Link
  • European shares ease after Fed decision, mixed earnings
    European shares fell slightly in their first May trading session on Thursday as investors returned from a mid-week holiday to gauge a slew of earnings after the Federal Reserve signalled a delay in U.
    05/2/2024 - 4:38 am | View Link
  • Fed Stays Put, Provides Nuanced Outlook: ETFs Likely to Win
    On May 1, 2024, the Federal Reserve officials unanimously decided to maintain its benchmark interest rate within the range of 5.25%-5.50%, a level it has held since July 2023, marking a 23-year high.
    05/2/2024 - 1:00 am | View Link
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