Stock market today: S&P 500, Dow back away from records as Fed cheer fizzles
The S&P 500 ( ^GSPC) fell roughly 0.3%, after the benchmark index ended at an all-time high. The Dow Jones Industrial Average ( ^DJI) traded steady on the heels of notching its own record close. Leading the way lower, contracts on the tech-heavy Nasdaq Composite ( ^IXIC) dropped 0.3%.
Stock Market Today: Dow, S&P 500 end nearly flat ahead of Fed interest-rate decision
SolarEdge Technologies is down 5% after shares of the solar-power-equipment maker were downgraded to Underperform from Hold at Jefferies and the price target cut to $17 from $27. S&P 500 futures are up 0.3%. Dow Jones Industrial Average futures are adding 0.2%.
History Says This Is How the Vanguard S&P 500 ETF Will Perform After a Fed Rate Cut
The biggest gains, however, tend to come after the Fed begins cutting rates following a stock market panic. Following the first Fed rate cut in March 2020 due to the COVID pandemic, the S&P 500 was up over 27% in the next 12 months. Meanwhile, following the rate cut after the Sept. 11, 2001, market crash, the S&P was nearly 21% higher a year later.
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Prediction: These 3 Stocks Will Outperform the S&P 500 in 2025Investing in the S&P 500 Index provides exposure to the 500 largest U.S. companies, and is typically viewed as the safest way ...
Odds of a 50 basis point interest rate cut next week have surged as investors worry about a slowdown in the job market.
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The S&P 500 just hit a fresh all-time high, and if the current bull market continues, it probably won't be the last one in the near future. But with persistent recession fears and ...
JP Morgan Research has forecasted the S&P 500 to be at 4,200 by December 2024, according to the mid-year outlook from July 19 ...
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Indexes rose Thursday as investors took in new inflation data, with the producer price index rising 0.2% on a monthly basis.
Nvidia's huge stock rally is still exerting an outsized influence over the S&P 500 index , reinforcing concerns that broader ...
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