Wall Street, Fed
S&P 500 surges to record high close on euphoria over Fed rate cut
The S&P 500 surged to a record high close on Thursday, the day after the Federal Reserve cut interest rates by 50 basis points and indicated more rate cuts were on the horizon.
Fed meeting today: Fed decides on aggressive 50 basis-point cut in interest rates.
History shows the Federal Reserve typically doesn’t deliver a “hawkish surprise” to markets, as investors wait to learn the size of a widely expected interest-rate cut by the Fed on Wednesday, according to BofA Global Research.
Mortgages Rates Are Way Down. How Fed Rate Cuts Could Change the Picture.
The Federal Reserve’s anticipated interest-rate cut is old news for mortgage rates, which have retreated from 2024 highs in anticipation. But that doesn’t mean home buyers should ignore the central bank’s announcement.
Rally over? Homebuilder stocks' big gains may have already priced in Fed rate cut
Homebuilder stocks are having a banner year, outpacing the broader market on a wave of optimism that mortgage rates will fall and juice home sales
Buy bonds and gold as bubble risk returns, BofA strategist says
It doesn’t “get much better than that for risk, so investors are forced to chase” the rally, Michael Hartnett says in a note.
Big rate cut primes bubble risks, says BofA in seeing investment paths in bonds, gold
The Federal Reserve’s interest rate cut of 50 basis points may prime a bubble in risk assets, Bank of America says. Read more here.
How the Fed's rate cut will impact auto loans
The Federal Reserve cut interest rates for the first time in four years on Wednesday, which will directly impact auto loan rates -- but don't expect a big change anytime soon.
Wall Street dips after rate cut rally, dollar firms
Wall Street closed flat on Friday, hovering near the previous session's record-high close for the Dow and S&P 500, while the dollar firmed as investors digested the Federal Reserve's 50-basis-point cut midweek that started a rate reducing cycle.
Stocks at risk of a bubble after Fed’s jumbo rate cut, BofA strategist says
One Bank of America strategist thinks the Federal Reserve’s decision to cut interest-rates by 50 basis points this week will ultimately end in tears for investors.
Wall Street opens low after surge from Fed's interest rate cut
The New York Stock Exchange's main indexes open slightly lower on Sept. 20, as investors paused following a jump caused by an unusual interest rate cut by the Federal Reserve.
Futures slip after Wall Street's rally on Fed's rate cut
U.S. stock index futures edged lower on Friday, pausing after the previous session's rally set Wall Street's main indexes on track for weekly gains following the Federal Reserve's pivotal stance on monetary policy earlier in the week.
Dow jumps to another all-time high day after Fed delivers big rate cut
Wall Street rallied on Thursday with the Dow and S&P 500 hitting another intraday record high — a day after the Federal Reserve kicked off its easing cycle with half-a-percentage point reduction and ...
The Fed delivered a best-case scenario for stocks: BofA
U.S. stocks saw their third-largest inflow of 2024, with $33.8 billion moving into the asset class last week, Bank of America ...
'Boring is good': Here's where investors should look for safety amid rising uncertainty, according to BofA's stock strategy chief
Traders should avoid risks with sectors like financials, utilities and real estate amid rising market uncertainty, strategist ...
InvestmentNews1d
Bubble risk in equities, buy bonds and gold says BofA
The euphoria in equity markets following the Federal Reserve’s interest-rate cut is stoking the risk of a bubble, making ...
BofA now expects Fed to go for 0.75-percentage-point cut in fourth quarter
BofA Global Research was the only major brokerage to raise its forecast for the Federal Reserve's anticipated interest-rate ...
BofA Poll Says Fed Bets Lift Sentiment for First Time Since June
Optimism around the Federal Reserve’s highly anticipated interest-rate cuts has boosted investor sentiment for the first time ...
Charting the Global Economy: Fed Goes for Big Rate Cut as BOE Holds
The Federal Reserve kicked off its campaign to lower interest rates with a larger-than-typical half percentage-point cut, ...