U.S. stocks traded higher this morning, with the Nasdaq Composite surging more than 400 points on Thursday. Following the market opening Thursday, the Dow traded up 1.44% to 42,100.00 while the NASDAQ rose 2.30% to 17,976.85. The S&P 500 also rose, gaining, 1.65% to 5,710.85. Check This Out: Alphabet, McDonald’s And 2 Other Stocks Executives Are Selling Leading and Lagging...

04:18 PM EDT, 09/18/2024 (MT Newswires) -- The Federal Reserve lowered its interest rate benchmark by 0.5%, which is positive news for homebuyers as this cut can make mortgages more affordable while increasing their buying power, Redfin said in a note on Wednesday. The significant decline in mortgage rate equates to over $30,000 in savings since July and decreases median...

Sept 19 (Reuters) - Wall Street's main indexes jumped at the open on Thursday, with the S&P 500 notching an intraday record high after the Federal Reserve kicked off its easing cycle with half-a-percentage point reduction and forecast more cuts were on the horizon. The Dow Jones Industrial Average rose 469.5 points, or 1.13%, at the open to 41972.56. The...

04:27 PM EDT, 09/18/2024 (MT Newswires) -- US benchmark equity indexes closed lower Wednesday after the Federal Reserve eased its monetary policy by 50 basis points. The Dow Jones Industrial Average, the S&P 500 and the Nasdaq Composite fell 0.3% each. The Dow and the S&P 500 closed at 41,503.1 and 5,618.3, respectively, while the Nasdaq finished the session at...