Tag: basis points

Stock market today: Dow, S&P 500, Nasdaq clobbered as Fed, Powell signal fewer rate cuts in 2025

Stocks were clobbered Wednesday after the Federal Reserve, despite slashing interest rates

21 Min Read

Stocks Get Hit as Powell’s Remarks Curb Fed Wagers: Markets Wrap

(Bloomberg) -- Stocks fell after Jerome Powell signaled there’s no need for

10 Min Read

S&P 500 Rally Hits a Wall as Treasury Yields Spike: Markets Wrap

(Bloomberg) -- A breakneck rally in stocks ran out of steam, with

8 Min Read

S&P 500 Notches Its 50th All-Time High in 2024: Markets Wrap

(Bloomberg) -- Stocks rose at the end of their best week in

5 Min Read

Wall Street Has Best Fed Day of 2024 Across Assets: Market Wrap

(Bloomberg) -- Stocks hit fresh all-time highs, climbing alongside bonds and commodities,

9 Min Read

S&P 500 Sees Best Post-Election Day in Its History: Markets Wrap

(Bloomberg) -- Stocks hit all-time highs, US yields jumped and the dollar

14 Min Read

Tech Stocks Up in Late Trading as Tesla Surges 9%: Markets Wrap

(Bloomberg) -- Big tech climbed in late hours as Tesla Inc. kicked

11 Min Read

Treasuries Plunge Like It’s 1995 as Traders See Soft Landing

(Bloomberg) -- The last time US government bonds sold off this much

4 Min Read