The first half of September was tough for the stock market. Before the Federal Reserve’s decision on Wednesday to cut key interest rates by 0.50%, the S&P 500 and NASDAQ were down slightly in ...
U.S. stocks drifted to more records Tuesday after Chinese stocks soared following a slew of moves by the Chinese central bank to prop up the world's second-largest economy.
So the first Fed rate cut is behind us, and we are no longer in a “higher for longer” period, but in a new rate cut cycle which will most likely last well into 2025. So that’s good news for stocks, ...