Bank stocks moved up on Thursday as they added to gains from the previous session on the heels of the first interest-rate cut by the U.S. Federal Reserve since 2020. Analysts said the Fed’s 50-basis-p ...

The Federal Reserve granted the market its wish and lowered its benchmark federal funds rate by 50 basis points.

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The market is closely watching the Bank of England (BOE) and the Bank of Japan (BOJ), which will announce their interest rate decisions today and tomorrow, respectively. The BOE is expected to keep ...

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The S&P 500 had already been climbing as investors grew more confident that the Federal Reserve would cut interest rates by half a percentage point. Thursday’s gain put the index in range of a closing ...

U.S. bank stocks rose on Thursday after the Federal Reserve's 50 basis point cut in interest rates raised hopes of lower ...

The decline in mortgage costs, influenced by expectations of the Federal Reserve’s rate moves, could revive interest in ...