Dow jumps to another all-time high day after Fed cuts rates

Wall Street soared on Thursday, with the Dow Jones Industrial Average and S&P 500 closing at all-time highs after the Federal Reserve said it would kick off an easing cycle with a half-percentage point interest rate cut and that further cuts are expected. The Dow Jones Industrial Average rose 522.09 points, or 1.3 percent, to […]

Dow jumps 522 points crosses 42,000 for first time

DR Barton, president of Woodshaw Financial Group, discusses on “Varney & Company” whether the Federal Reserve's interest rate cuts will halt the economic slowdown and lead to a market recovery. This year has been one of the most memorable Septembers ever, with the Federal Reserve handing investors a massive interest rate cut on Wednesday. The […]

Dow leaps to all-time high after Fed slashes rates by half-point

Wall Street's main stock indexes surged in choppy trading on Wednesday after the Federal Reserve decided to cut interest rates by half a percentage point for the first time in more than four years. In afternoon trading, the Dow Jones Industrial Average hit an all-time high of 41,981.97 and was last up 196.36 points, or […]