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Major stock indexes surged to record highs on Thursday, a day after a jumbo rate cut from the Federal Reserve. The S&P 500 and the Dow Jones Industrial Average both closed at fresh all-time highs ...
U.S. stocks rose to more records after a report on the job market bolstered hopes that interest rates may soon get easier. The Dow Jones Industrial rose 0.2%, and the Nasdaq composite added 0.9% ...
Weekly jobless claims data on Thursday reinforced the Fed's message of a strong labor market. Claims from last week ticked down 12,000 to 219,000, according to Labor Department data released Thursday.
Bets on future rate hikes shifted on the news. According to the CME FedWatch Tool, investors have priced in a 73% chance that the Fed holds rates steady through its January meeting. A day prior ...
The tech-heavy Nasdaq Composite (^IXIC) ticked up by 0.3%, continuing a notable stretch of gains, while the benchmark S&P 500 (^GSPC) gained about 0.2%. The Dow Jones Industrial Average (^DJI ...
Stock market news today: Dow, S&P close at highest level since Jan. '22 as stocks rally ahead of Fed. Karen Friar. December 12, 2023 at 4:04 PM.
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