US EditionStocks Climb on Hopes for Lower Interest Rates as Dow Rallies 650 Points
Traders see an 85% chance of a Federal Reserve rate cut in December, boosting U.S. stocks with the Dow up 1.4% and Russell 2000 leading gains.
10 Articles
10 Articles
Stocks rise on hopes for lower interest rates as Dow rallies 575 points
The U.S. stock market is rising again following mixed reports on the economy that kept alive hopes for a coming cut to interest rates. The S&P 500 added 0.7% Tuesday after bobbing between modest gains and losses through the morning.…
Stocks climb on hopes for lower interest rates as Dow rallies 650 points
NEW YORK (AP) — The U.S. stock market is climbing again Tuesday on hopes for a coming cut to interest rates. The S&P 500 rose 0.8% after breaking out of a morning lull, where it bobbed between small gains and losses. The Dow Jones Industrial Average was up 650 points, or 1.4%, with less than […]
European stocks ended trading higher today, tracking gains on rival stock markets around the world, primarily due to hopes that the US Federal Reserve will cut interest rates in December.
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