Wall Street is rising near its records on Wednesday after the Federal Reserve kicked off its efforts to prevent a recession with a bigger-than-usual cut to interest rates. The S&P 500 was 0.5% higher in afternoon trading and at the edge of its all-time closing high set in July.
Read Full Story at source (may require registration)
Latest posts by Equities News Editor (see all)
- Why Bitcoin, Ethereum, and Dogecoin Are Pushing Higher Today - October 14, 2024
- I Loved Modine Manufacturing At $16, Not So Much At $136 (Rating Downgrade) - October 14, 2024
- Why the American stockmarket reigns supreme - October 14, 2024
