I:RUT Sep 2024 Weekly 2650.000
- Bloomberg
Stock Rally Stalls Near Record Before Fed Decision: Markets Wrap
(Bloomberg) -- Stocks struggled near their all-time highs ahead of the Federal Reserve rate decision, with traders split on the size of a central bank cut.Most Read from BloombergPipe Fire Near Houston Forces Residents to EvacuateLondon Mayor Plans to Pedestrianize Busy Oxford StreetCalifornia’s Anti-Speeding Bill Can Be a Traffic Safety BreakthroughTo Build a Happier City, Design for DensityAn Artist Reimagines the Spaces of Childhood, With Thorny ResultsThe S&P 500 edged lower after briefly cr
- Reuters
As Fed cuts loom, health of US economy could determine markets' path
NEW YORK (Reuters) -How stocks, bonds and the dollar perform after the Federal Reserve kicks off its rate-cutting cycle could depend on one factor more than most: the health of the U.S. economy. The Fed is expected to kick off a series of rate cuts on Wednesday, after raising borrowing costs to their highest level in nearly two decades. Markets are pricing in roughly 250 basis points of easing by the end of 2025, LSEG data showed.
- Associated Press
How major US stock indexes fared Monday, 9/16/2024
The Dow added 0.6% Monday, the S&P 500 rose 0.1%, and the Nasdaq composite fell 0.5%. The mixed results came ahead of the most anticipated meeting of the Federal Reserve in years. More traders are betting that the Fed will cut its main interest rate Wednesday by a larger-than-usual amount in a bid to shore up the economy.
