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A number of stocks jumped in the afternoon session after investors scooped up equities, shaking off the initial concerns inferred from the Fed's dot plot, with tech stocks leading the charge.
FedEx shares rose in extended trading Thursday after the shipping giant reinstated its full-year outlook and posted quarterly sales that topped estimates.
A number of stocks jumped in the afternoon session after investors scooped up equities, shaking off the initial concerns inferred from the Fed's dot plot, with tech stocks leading the charge.
The Bank of Japan is expected to keep interest rates steady on Friday, as policymakers seek more clarity on whether the economy can withstand U.S. President Donald Trump's tariffs and growing signs of weakness in the American economy. The BOJ's meeting c
Wall Street and world stocks roared to new highs on Thursday, boosted by the Federal Reserve's interest rate cut the day before and a 23% surge in Intel shares, while the dollar and Treasury yields went against the easier monetary policy shift and rose to
S&P 500 Outlook Turbocharged: Wells Fargo Projects Fresh Highs Ahead
The Federal Reserve has cut its benchmark fed funds rate range by 25 basis points to 4%-4.25%, in its first reduction since December 2024. How did the crypto market react to the dovish Fed outlook? CoinDesk’s Jennifer Sanasie breaks it down in a special “
The Memphis-based package delivery company said on Thursday it expects full-year adjusted earnings in the range of $17.20 to $19.00 per share, mid-point of which is marginally below analysts' estimates of $18.21, according to data compiled by LSEG. FedEx
Federal Reserve Chair Jerome Powell once called he pandemic-era burst of high inflation \\
Ed Yardeni, president and chief investment strategist at Yardeni Research, discusses the outlook for Federal Reserve monetary policy. Speaking on \\
The dollar index (DXY00 ) on Thursday rose by +0.50%. The dollar moved higher Thursday on positive carryover from Wednesday when Fed Chair Powell said higher goods prices are feeding through to inflation and that the FOMC expects inflation to continue to
Both companies have built a solid competitive moat in the expanding tech economy.
Bloomberg's Ed Ludlow breaks down the particulars of the deal between tech giants Nvidia and Intel and the relationship between the two companies and the US government. Nvidia's Chief Executive Officer Jensen Huang says the Trump administration had nothi
Federal agencies are reviewing whether to expand the list of goods covered by levies enacted under Section 232 and 301.
As expected, the Fed has lowered rates by 25 basis points at its September meeting. Here are the stocks to buy after the rate cut.