S&P 500 Gains and Losses Today: Index Pops to All-Time High After Jumbo Rate Cut
The S&P 500 soared 1.7% on Thursday, Sept. 19, notching a record closing high a day after the Fed opted for an aggressive interest-rate cut.
Stocks need to hold any gains after the Fed rate cut or the S&P 500 is at risk
The S&P 500 Index (SPX) fell back after Wednesday’s Federal Reserve half-percentage-point rate cut, unable to hold new highs. This is not welcome action in a market that is already overbought. The bulls now look ready to take another shot at new U.
S&P 500 closes at record high after Fed makes jumbo cut to US interest rates
Before Wednesday’s cut, US rates had been at their highest since 2001 as the Fed sought to bring down inflation from the biggest surge in a generation. But with consumer price inflation now at 2.5 per cent, close to the Fed’s 2 per cent target, the central bank has signalled more reductions to come.
Watch These Key S&P 500 Levels Following The Fed's Supersized Rate Cut
The S&P 500 will remain in focus on Thursday after the index closed slightly lower following the Federal Reserve’s decision to slash its benchmark rate by 50 basis points. Monitor these important chart levels.
Stock Market Today: Dow, S&P 500 end nearly flat ahead of Fed interest-rate decision
The S&P 500 index is flirting with a new all-time high. The index traded at 5,667.95, briefly passing it's record close of 5,667.20, before trading slightly lower. The S&P 500 hit its last record close on July 16.
S&P 500 (SPX) today: The benchmark index dropped 0.12% this morning
The S&P 500 opened today at 5,641.68. Within 30 minutes of trading, the benchmark index fell by 6.84 points, or 0.12%, to ...
2 Unstoppable S&P 500 Dividend Stocks to Buy Before They Beat the Market Again
Instead of four equal quarterly distributions, AstraZeneca insists on two payments per year, with a greater portion announced ...
Dow, S&P 500 hit all-time highs, but labor market concerns linger
Some major stock indexes surged to all-time highs Thursday in the wake of the Federal Reserve’s announcement that it was ...
Start of the latest rate cut cycle can potentially push the S&P 500 higher
In the wake of the Fed’s decision to cut rates by 50 basis points, JPMorgan highlighted that rate cutting cycles are not ...
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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BMO Capital Markets ups S&P 500 year-end target again to a Street high at 6,100
BMO Capital Markets on Thursday upped its year-end target for the S&P 500 (SP500) for a second time in 2024, with the ...