Wall Street soars to records as Dow leaps 500 in a rate-cut rally that swept the world

NEW YORK (AP) — Wall Street romped to records Thursday as a delayed jubilation swept markets worldwide following the Federal Reserve’s big cut to interest rates. The S&P 500 jumped 1.7% for one of its best days of the year and topped its last all-time high set in July. The...

How major US stock indexes fared Thursday, 9/19/2024

Wall Street leapt to record highs as delayed jubilation swept across markets worldwide following the Federal Reserve’s big cut to interest rates. The S&P 500 jumped 1.7% Thursday, beating the all-time closing high it set in July. The Dow Jones Industrial Average rose 1.3%,...

Wall Street jumps to record highs as global markets cheer Fed rate cut

At Google antitrust trial, documents say one thing. The tech giant's witnesses say different

ALEXANDRIA, Va. (AP) — The judge who will decide whether Google holds a monopoly over technology that matches buyers and sellers of online advertising must choose whether to believe what Google executives wrote or what they have said on the witness stand. The Justice Department is...

Rally over? Homebuilder stocks' big gains may have already priced in Fed rate cut

LOS ANGELES (AP) — Homebuilder stocks are having a banner year, outpacing the broader market on a wave of optimism that mortgage rates will fall and help juice home sales into 2025. The S&P Composite 1500 Homebuilding Index, which includes 16 stocks, including homebuilders...

Stock market today: Most of Wall Street edges lower after Fed delivers a big cut to rates

NEW YORK (AP) — U.S. stock indexes edged lower 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 slipped 0.3% to pull 0.9% below its all-time high set in July. The Dow Jones Industrial...

How major US stock indexes fared Wednesday, 9/18/2024

Wall Street wavered near its records 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 slipped 0.3% Wednesday after a day of bobbing higher and lower. The Dow Jones Industrial Average fell 0.2%, and...

An ancient African tree is providing a new 'superfood' but local harvesters are barely surviving

Since childhood, Loveness Bhitoni has collected fruit from the gigantic baobab trees surrounding her homestead in Zimbabwe to add variety to the family’s staple corn and millet diet. The 50-year-old Bhitoni never saw them as a source of cash, until now. Climate change-induced...

Stock market today: Wall Street stays stuck in place as it counts down to a rate cut

NEW YORK (AP) — U.S. stock indexes remained stuck in place on Tuesday as Wall Street made few big moves ahead of what’s expected to be the first cut to interest rates in more than four years. The S&P 500 edged up by 1.49, or less than 0.1%, to 5,634.58. It remains 0.6% below...

How major US stock indexes fared Tuesday, 9/17/2024

U.S. stocks drifted to a mixed close near their all-time highs ahead of a highly anticipated meeting of the Federal Reserve. The S&P 500 edged just barely higher Tuesday. The Dow Jones Industrial Average slipped less than 0.1%, pulling slightly below the record high it set a day...