Dow jumps after Fed soothes rate-hike worries
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U.S. stocks rallied on Wednesday, driving the Dow to a record intraday high after the Federal Reserve held rates steady and flagged no new concerns about inflation, signaling that a rate hike this year was less likely.
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U.S. stocks were up today after Asian and European markets rose sharply in the wake of the Federal Reserveâs interest rate cut on Tuesday.
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Stocks soared on Wednesday, sending the Dow Jones industrial average to an all-time high, as investors drew confidence from Federal Reserve Chairman Ben Bernanke's comments that inflation is poised to ease while the economy grows moderately.
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U.S. stocks rose, with the Nasdaq turning positive, on Wednesday after the Federal Reserve held rates steady and cited a pickup in economic growth but did not seem to signal a shift in monetary policy for now.
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Stocks jumped on Friday as surprisingly strong data on home sales and factory orders relieved anxiety about the economy and bolstered confidence after weeks of market turbulence.
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U.S. stocks rose on Friday as tame consumer price data reassured investors that inflation was under control as the economy maintains growth.
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U.S. stocks rose on Friday as tame consumer price data reassured investors that inflation was under control and the economy will still grow strongly enough to support the equity market.
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Stocks jumped the most in four years on Tuesday after the Federal Reserve slashed interest rates and raised hopes the economy could ride out a prolonged housing slump and turmoil in the credit market.
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Stocks rose on Wednesday after a pullback in benchmark bond yields and signs of strength in the economy triggered a rebound in interest-rate-sensitive shares, including banks, utilities and home builders.
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Stocks rose sharply and the Dow industrials hit a record high on Wednesday, boosted by comments from Federal Reserve Chairman Ben Bernanke that the economy will grow moderately as inflation eases.
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U.S. stocks rose on Wednesday as Federal Reserve Chairman Ben Bernanke's comment that the economy was poised to grow moderately reassured investors a day after the Dow industrials' worst slide since the September 11, 2001, attacks.
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Stocks shot higher Wednesday after the Federal Reserve answered two of Wall Street's major concerns, indicating that the economy remains healthy and that inflation pressures are easing. The Dow Jones industrials climbed nearly 100 points to set another trading high, while the Russell 2000 index had its first close above 800.
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U.S. stocks rose on Tuesday, pushing   the Dow Jones index to within 100 points of its record high, as   an unexpectedly big jump in consumer confidence eased investor   concerns about the effect of slowing economic growth on   corporate profits.
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Wall Street stocks rallied on Monday, after overcoming an initial wobble, as hopes for more aggressive interest rate cuts spurred gains in financial companies ahead of the Federal Reserve's policy meeting on Tuesday.
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Stocks rose in early trading as Wall Street, heartened by upbeat investment bank earnings, awaited the Federal Reserveâs meeting on interest rates.
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U.S. stocks climbed on Wednesday, driving the Dow to an all-time high for a second day, as data showing a weaker-than-expected services sector reaffirmed views the Federal Reserve will keep interest rates unchanged.
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Stocks surged on Tuesday after the Federal Reserve slashed interest rates by a half-percentage point, giving relief to investors worried that the housing and credit market turmoil could spread to the broader economy.