The Fed meeting will spark a jump in stocks as investors exit the 'zone of hesitation,' Fundstrat says
The Fed cutting interest rates less than expected in 2025 will still be bullish for stocks, according to Fundstrat's Tom Lee.
Stock market today: Indexes trade mixed ahead of Fed rate decision and Powell's commentary
Markets are pricing in a 95% chance the Fed will cut rates 25 basis points at their December policy meeting. The outlook in 2025 is less certain.
Wall Street Pros Say Fears of Fewer Fed Cuts Sparking Selloff
(Bloomberg) -- The Federal Reserve did what markets expected Wednesday. But that didn’t stop investors from dumping risk assets in droves.Most Read from BloombergNYPD Car Chases Are Becoming More Frequent — and More DangerousStock sold off violently at the end of the session after the Fed cut interest rates by a quarter of a percentage point, its third straight reduction, and Chair Jerome Powell indicated that the central bank will likely put further reductions on hold while inflation stays abov
Morning Bid: Fed's 'hawkish cut' slams markets, BOJ up next
The Federal Reserve has spoken, and as far as investors are concerned, the message was clear - clearly hawkish. Investors in Asia go into Thursday on the defensive after the Fed cut interest rates by a quarter of a percentage point as expected, but signaled a slower pace of easing ahead.
Stocks skid after Fed signals it will slow down its easing
According to preliminary data, the S&P 500 lost 2.96%, while the Nasdaq Composite lost 3.62% and the Dow Jones Industrial Average fell or 2.61%. The Dow and S&P saw their biggest one-day percentage decline since Aug. 5 and the Nasdaq saw its biggest daily decline since July 24. "Everything in the dot plot suggested that we have higher economic growth, a stronger labor market, more inflation, fewer Fed rate cuts and a higher neutral rate."
Micron's Stock Tumbles as Its Outlook Disappoints
Micron Technology issued a revenue outlook that came in below analysts’ expectations, sending shares lower in extended trading Wednesday.
Here are the 4 stocks this pro trader would buy if the market crashes
Steve Burns: Stocks are in the ‘greatest bubble in the history of civilization.’ He blames the Fed.
Nissan stock surges 30% amid possible merger with Honda as Japan automakers look to take on Chinese EVs
The move would bring the two struggling car companies together in a bid to reclaim market share from rising domestic brands in China, the world’s largest car market.
Dow falls 1,100 points on disappointing Fed interest rate news
Other indexes tanked, as well.
Stock market today: Dow, S&P 500, Nasdaq clobbered as Fed, Powell signal fewer rate cuts in 2025
Stocks eyed a rebound Wednesday, with the blue-chip Dow looking to snap its longest losing streak since 1978