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 […]

Trump Media stock jumps after former president says he won’t sell his shares

Liam Donovan, a strategist at Associated Builders & Contractors, wrote in The Bottom Line that many businesses are worried about the expiration of President Trump's tax cuts. Stock Trump Media and Technology Group The stock surged on Friday after former President Trump vowed not to sell his stake in the company. Trump Media is the […]

Biden approval rating jumps 13 points while Harris leads Trump: poll

President Biden's approval rating has increased by 13 points in recent months, and Vice President Harris widened her lead over former President Trump in the November election. Forty-eight percent of voters approve of Biden's job performance and 49% disapprove, showing a 13-point increase in Biden's approval rating since the last time the USA Today/Suffolk poll […]

Dow jumps over 400 points to hit another all-time high

The Dow Jones Industrial Average closed at a record high on Thursday in mixed trading after strong U.S. economic data, while artificial intelligence (AI) chipmaker Nvidia fell after its earnings forecast was broadly in line with expectations but failed to impress investors. The Dow Jones Industrial Average rose 243.63 points, or 0.6 percent, to 41,335.05 […]