Advertisements

fed

Nasdaq, S&P 500 jump on Meta rise, Fed relief By Reuters

by

[ad_1] © Reuters. FILE PHOTO: Traders work on the trading floor at the New York Stock Exchange (NYSE) in New York City, U.S., January 27, 2023. REUTERS/Andrew Kelly/File Photo By Lewis Krauskopf, Shreyashi Sanyal and Johann M Cherian (Reuters) – The Nasdaq and jumped and touched roughly five-month highs on Thursday as a more dovish-than-expected … Read more

US Stocks Surge as the Fed Slows Its Pace of Interest Rate Hikes

by

[ad_1] US stocks surged yesterday and look set for fifth consecutive weeks of gains after the Fed slowed down its pace of interest rate hikes and announced a 25 basis point rate hike. In the December meeting, the Fed raised rates by 50-basis points. Prior to that, the US central bank had raised rates by … Read more