Tag: Dow Jones Industrial Average

The Dow finished above 45,000 for the very first time. Most of the gains were from larger tech and AI names like Nvidia and Microsoft.(Representational Image/Pixabay)
Posted in Business

US stocks surge on Fed rate cut hopes, ignoring France, South Korea’s political crises

 December 5, 2024  Leave a Comment on US stocks surge on Fed rate cut hopes, ignoring France, South Korea’s political crises

US stocks surged to record highs on Wednesday on hopes of the US monetary policy easing, completely ignoring political upheavals taking place in South Korea…

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Television stations broadcast Jerome Powell, chairman of the US Federal Reserve, speaking after a Federal Open Market Committee (FOMC) meeting on the floor of the New York Stock Exchange (NYSE) in New York, US.(Bloomberg)
Posted in Business

US stock market at record high as investors cannot keep calm after Fed rate cut

 September 20, 2024  Leave a Comment on US stock market at record high as investors cannot keep calm after Fed rate cut

Sep 20, 2024 07:55 AM IST Wall Street stocks hit record highs as the Federal Reserve cut interest rates to support the labor market. Dow…

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