Dow Jones, S&P 500 hit record highs but end lower despite 50 bps cut from the Fed
The selling pressure may have emerged considering the run-up that was already seen in the lead-up to the Fed announcement. The S&P 500 is up nearly 18% so far this year.
Dow leaps to all-time high — then tumbles after Fed slashes rates by half-point
After surging as much as 375 points to an all-time high after the Fed announcement, the Dow turned negative in late trading as investors digested Fed Chair Jerome Powell’s comments. The blue chip index dropped 103.08 points, or 0.3%, to 41,503.10. It hit an intraday record of 41,981.97.
US Market Reaction To Fed Rate Cut: Dow Jones, S&P 500 Hits New All-Time High; Which Stocks To Win?
In light of the progress on inflation and the balance of risks, Fed decided to lower the target range for the federal funds rate by 1/2 percentage point to 4-3/4 to 5 percent.
Stock market today: Apple pulls down Nasdaq, while Dow hits record close with Fed rate cut on the horizon
Apple (AAPL): Shares of the tech giant slid more than 2% in morning trading Monday following a burst of analyst reports that suggested early demand for Cupertino's latest smartphone, iPhone 16, is lagging behind the release of last year's model around the same time period.
Dow closes at all-time high as stocks jump ahead of crucial Fed rate decision
Markets have been in a bull run since the start of this year on expectations the Fed would kick off its monetary policy easing cycle soon.
Stocks Slip After Fed Cuts Rates
The Dow and S&P 500 finished lower after the Federal Reserve voted to cut interest rates by half a percentage point.
Stock Market Today: Dow climbs 100 points after Fed's historic rate cut of 50 basis points
Do rate cuts with the stock market at or near all-time highs provide bulls additional fuel or do they portend trouble ahead? Dow Jones Market Data ran back the tape. They found that since 1990, the Fe
Dow edges down from record as some eye a smaller Fed rate cut
Wall Street stocks finished little changed Tuesday as investors weighed how better than expected retail sales data would affect a Federal Reserve decision.
S&P 500 hits record high with Fed policy decision imminent
Wall Street's main stock indexes rose on Tuesday, with the S&P 500 hitting an intraday record high ahead of a crucial Federal ...
S&P 500 Briefly Hits Record High Just Ahead Of Fed Rate Cut, Extends 7-Day Winning Streak: Tuesday's Top 5 Gainers
S&P 500 hits new record highs amidst expectations for Fed interest rate decision. Small-cap stocks outperform, while uncertainty remains.
The S&P 500 Hit Record Levels, Then Retreated
The S&P 500 reached its highest levels on record before retreating in Tuesday afternoon trading. The market benchmark set a record intraday trading high of 5,670.81 this morning, but it was down 0.1% ...
Tech stocks drag on S&P 500, Nasdaq as Fed meeting nears
Technology stocks weighed on the S&P 500 and the Nasdaq on Monday as caution set in ahead of the Federal Reserve's pivotal ...
Stock Market Today: S&P 500, Nasdaq book biggest weekly jump of 2024 ahead of Fed meeting
U.S. stocks closed higher Friday, with the S&P 500 and technology-heavy Nasdaq Composite each posting its biggest weekly jump ...
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Nasdaq 100, Dow Jones, S&P 500 News: Nvidia Leads Tech Sector Higher
Last week, the S&P 500 and Nasdaq both achieved all-time highs ... Last Tuesday, the tech heavy index hit a record high at 18686.75. A trade through this level will reaffirm the ...
S&P 500 ends little changed as early gains fade before Fed decision
U.S. stocks closed nearly unchanged on Tuesday, giving up earlier gains that had vaulted the S&P 500 and Dow Industrial ...
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Stock Market Today: Dow notches fresh record close as S&P 500, Nasdaq end slightly higher
The S&P 500 hit its last record close on July 16, at 5667.20. Meanwhile the Nasdaq Composite's last record close was July 10, at 18647.45. "Can you believe we haven't made a new high ...