US EditionIndexes Close Higher After Fed Cuts Interest Rates
8 Articles
8 Articles
[New York Joint] The Dow Jones Industrial Average on the New York Stock Exchange continued to rise on the 11th, and as of 10:00 a.m. was up $208.87 from the previous day to $48,266.62. The US Federal Reserve Board (FRB) decided to further cut interest rates the previous day. Investors welcomed the decline in US long-term interest rates.
At first, an uncertain mood prevailed on European stock markets today, two opposing forces affected and are affecting the markets today: on the one hand, yesterday the US central bank cut interest rates and signaled further interest rate cuts, which improved investor sentiment, but then the picture worsened when Oracle published weaker-than-expected quarterly figures, which resurfaced fears about the bursting of the artificial intelligence bubbl…
FTSE 100 carves out minor gains after Fed cuts rates
The FTSE 100 rose on Thursday after the Federal Reserve cut interest rates overnight and announced liquidity-boosting treasury purchases. However, the gains were less than convincing as concerns about AI valuation crept back in and curtailed risk appetite. The FTSE 100 was just 0.1% higher at the time of writing. The Federal Reserve cut interest […] The post FTSE 100 carves out minor gains after Fed cuts rates appeared first on UK Investor Maga…
The Dow Jones rose 1.05 percent to 48,057 points, while the S&P 500 gained 0.67 percent to 6,886 points, and the Nasdaq index gained 0.33 percent to 23,654 points.
Coverage Details
Bias Distribution
- 100% of the sources lean Right
Factuality
To view factuality data please Upgrade to Premium
