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Stock Market, Fed
Stock market today: S&P 500, Dow futures back away from records as Fed cheer fizzles
S&P 500 futures ( ES=F) fell roughly 0.3%, after the benchmark index ended at an all-time high. Dow Jones Industrial Average futures ( YM=F) traded steady on the heels of notching its own record close. Leading the way lower, contracts on the tech-heavy Nasdaq 100 ( NQ=F) dropped 0.5%.
The Fed just made a jumbo rate cut. Here are 5 takeaways on what it means for mortgages and more.
The Federal Reserve made a 0.50 percentage point cut, double the typical reduction. Here's what's behind the decision.
If you own a home or hope to buy one soon, what does the Fed’s interest rate cut mean for you?
Over the past few years, elevated mortgage rates and sky-high housing prices have contributed to a lack of home affordability.
19h
on MSN
What does the Fed interest rate cut mean for mortgages and homebuyers?
Mortgage rates closely track the yield on a 10-year Treasury bond, or the amount paid to a bondholder annually. In the ...
7h
Global investors brace for turmoil as big Fed cut sows confusion
Big global investors are on alert for wild market swings after a jumbo U.S. rate cut sparked confusion over whether the world ...
20h
on MSN
Mortgage rates drop to lowest since early February 2023 after Fed’s jumbo interest rate cut
Sales of previously owned homes in the United States fell sharply in August, despite mortgage rates plummeting that month.
15h
After Fed Cuts Rates, Biden Claims Credit for Economy’s Strength
The president said he was not declaring victory over inflation, but marking a pivot point for the recovery from pandemic ...
3h
After Fed rate cut, investment advisers urge clients away from cash
Investment advisers are urging clients to dump hefty cash allocations now that the Federal Reserve has begun its ...
20h
on MSN
Fed decision opens the real estate floodgates after four years
"Everybody's happy" about the Federal Reserve's rate cut – at least in real estate – potentially opening the floodgates to ...
5h
on MSN
Base Metals Enjoy Strong Week With Boost From Fed, China Demand
Copper surged to a two-month high to cap a strong week for metals, helped by the Federal Reserve’s half-point rate cut.
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