NEW YORK (AP) — The U.S. stock market is closing with its biggest gain in more than a year after the Federal Reserve said it was in no rush to raise rates. The Federal Reserve indicated Wednesday it was moving closer to raising rates from record lows because the U.S. economy and job market are strengthening.Read more on NewsOK.com
Us Stocks Jump As Fed Promises 'patient' Approach
NewsOK.com RSS - business, Daily Oklahoman: Business
Wed, 12/17/2014 - 2:11pm
BING NEWS:
- Stock market today: Dow drops 570 points to end worst month of 2024 as traders brace for Fed decision
For the Fed, that adds even more restraint on its ability to cut interest rates this year, and futures markets now expect only one rate cut in December. Investors will tune in to Fed commentary ...
04/30/2024 - 9:24 am | View Link - Dow closes 570 points lower, capping losing month for stocks ahead of Fed decision
The Fed began its two-day monetary policy meeting on Tuesday and is expected to announce Wednesday that it is keeping rates on hold. Investors will tune in to comments from Chair Jerome Powell for ...
04/30/2024 - 9:02 am | View Link - Stock market today: Stocks slide for 5th session as Fed officials cast more doubt on rate cuts
New York Fed President John Williams said ... "I'm comfortable being patient." Treasury yields responded with a jump toward the 5% mark, continuing their rise since last week's March inflation ...
04/18/2024 - 9:06 am | View Link - Stocks jump at the open as investors shift focus to earnings
All three of the major indexes (^DJI,^GSPC, ^IXIC) opened higher, with investors shrugging off concerns about Iran's attack on Israel and instead focusing on earnings. Goldman Sachs (GS) kicked ...
04/14/2024 - 11:02 pm | View Link - Stocks end the day higher even as blowout jobs report pushes some Fed officials to consider another rate hike
"This jobs report should indicate that there is no rush and no need for the Fed to save the labor market, especially if it will just reignite inflation down the road," said Mike Sanders ...
04/5/2024 - 10:01 am | View Link - More
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