Archive for the 'Federal Reserve interest rate' Category

Stocks jumped with Dow surging 420 points after Federal Reserve cut the fed funds rate

Stocks jumped with Dow surging 420 points after Federal Reserve cut the fed funds rate
Dow spikes 420 points on rate cut. Wall Street surges, with blue-chip indicator seeing its best day in 5-1/2 years as investors hail central bank decision to cut rates by 3/4 of a percentage point.
Stocks jumped Tuesday, with the Dow surging [...]

Stock markets across Asia rose after Federal Reserve interest rate cut and forecast-beating results

Stock markets across Asia rose after Federal Reserve interest rate cut and forecast-beating results
Asian stocks higher on Fed rate cut, US banks’ earnings. Stock markets across Asia rose Wednesday after the Federal Reserve’s interest rate cut and forecast-beating results for US investment banks eased worries about the worsening global credit crisis.
Banks across the region posted [...]