The Street
Stock Market Today: Stocks higher amid flip on big Fed rate cut bets TheStreet Daily Newsletter
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U.S. stocks rally on 50 bps Fed cut bets; muted inflation data, Powell mulling big cut.
2024-09-14 09:00:09
Markets
Stocks
Economy
US Stock Markets Surge Amid Anticipation of Fed Rate Cuts
The US stock markets have experienced a significant rally driven by the anticipation of a key interest rate cut by the Federal Reserve. The Dow Jones Industrial rose by 0.72%, and the Nasdaq 100 increased by 0.47%.
This optimism is partly fueled by the European Central Bank's recent rate cut, which has stabilized the German Dax. The DekaBank forecasts further ECB rate cuts to around 2%.
In the past, the Fed had aggressively raised rates to combat near double-digit inflation. As a result, investors are hopeful that the upcoming Fed meeting will bring a substantial rate cut, which could further boost the stock market.
Leading stocks like Nvidia, Microsoft, and Meta have already shown remarkable gains, reflecting the market's positive sentiment. With the Fed meeting on the horizon, all eyes are on how substantial the rate cut will be and its impact on the market.
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Yahoo Finance
Dow Jones Futures: 25 Stocks In Buy Zones After Year's Best Week; Will Fed Go For Big Rate Cut? | Investor's Business Daily
Finance
Technology
Dow Jones futures will open Sunday evening, along with S&P 500 futures and Nasdaq futures. The Federal Reserve meeting will take center stage, with policymakers set to cut rates for the first time since the Covid crisis in 2020.
The stock market rally had a dramatic revival, with the S&P 500 and Nasdaq composite posting their best weekly gains of the year to reclaim their 50-day lines after selling off in the prior week. The S&P 500 and Dow Jones are close to all-time highs. A large number of..
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Outlook from Merck-Fink Chief Strategist Robert Greil - First Rate Hike Since 2020? "ECB Provides the Template for the US Federal Reserve"
The ECB has opened the series of meetings of the four major central banks in September. The Fed is likely to follow the ECB with a rate cut. No changes in the key interest rates are expected from the Bank of England and the Bank of Japan.
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Before Interest Rate Cut - US Stock Markets on Upward Trend, Nasdaq Achieves Weekly Gain of 5.9 Percent
Finance
Economy
Politics
The US stock markets are on an upward trend, driven by the expectation of an upcoming interest rate cut by the US Federal Reserve. The Dow Jones Industrial rose by 0.72% and the Nasdaq 100 by 0.47%. Investors are stocking up on stocks in the hope of lower interest rates.
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