The Rate-Cut Rally Continues
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Stocks rose soundly on Friday, capping a week of gains for Wall Street, as investors drew confidence from strong results at Oracle and a continued sense that lower interest rates should help the economy.
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Wall Street stocks rallied on Tuesday, led by a surge in the technology sector, as investors returned from the Labor Day long weekend confident that the Federal Reserve would cut rates this month.
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The Federal Reserve cut a key interest rate by half a percentage point today, the second rate cut in nine days, in an aggressive move to try to prevent a recession.
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Wall Street extended its February rally yesterday, even as the Federal Reserve chairman warned that price pressures remained a concern.
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NEW YORK, Sept. 18 -- Wall Street barreled higher Tuesday after the Federal Reserve cut its benchmark interest rate by a larger-than-expected half percentage point.
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The dollar rallied on Tuesday,  extending gains after minutes of a December Federal Reserve  policy-setting meeting signaled the U.S. central bank remains  on track to continue raising interest rates, analysts said.
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Stocks rose on Monday as investors bet the Federal Reserve will cut interest rates at the end of a two-day policy meeting that begins on Tuesday.
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The dollar rallied across the board on  Tuesday, extending gains after minutes of a December Federal  Reserve policy-setting meeting signaled the U.S. central bank  remains on track to continue raising interest rates, analysts  said.
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Stocks rose on Monday on hopes the Federal Reserve would keep slashing interest rates to prevent the housing slump from tipping the economy into a recession.
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Wall Street stocks soared on Tuesday afternoon as investors reacted with delight to a 50 basis point cut in US interest rates.
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European equity markets surged on Wednesday following the US Federal Reserve&#39;s move to cut its main interest rate by half a percentage point to 4.75 per cent.
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Investor's Business Daily - Cash rebates and cheap loan offers have never been so hefty. And auto analysts expect them to keep rising -- despite Federal Reserve rate hikes and signs that incentives may be losing their punch.
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U.S. investors follow the world's lead despite a hefty rate cut from the Fed.
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Hopes of a cut in interest rates were raised today, following the publication of the Bank of England&#39;s Monetary Policy Committee minutes.
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Stocks closed higher on Tuesday as expectations of another Federal Reserve interest rate cut to shore up the economy fueled a further recovery in shares of banks, insurers and home builders.
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Stocks extended their biggest rally in four years, buoyed by speculation that Federal Reserve interest rate cuts will help contain the housing slump and lead to profit growth.
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Expectations of further U.S. interest  rate cuts by the Federal Reserve later this week boosted stocks  and sent gold to historic highs on Tuesday while they kept the  dollar near a two-week low.