Stocks hope for a Halloween rate cut
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Wall Street expects a two-day Federal Reserve meeting this week to end with another cut in interest rates as financial firms struggle with losses tied to subprime mortgages and related securities.
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Stock futures advanced on Monday as investors bought beaten-down shares on hopes that recent weak economic data will prompt the Federal Reserve to slash interest rates to avert a recession.
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Stocks looked set to open higher on Monday as investors placed bets that the Federal Reserve will cut interest rates at the end of a two-day policy meeting that will begin on Tuesday.
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The Federal Reserve is expected to cut interest rates by a quarter point Wednesday.
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A light economic calendar should provide traders with an ideal opportunity to speculate about how big a cut in interest rates is likely to be.
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Stocks on Wednesday looked ready to add to the previous session's rally, the biggest in four years, as investors bet a slowing U.S. economy would get a boost from the Federal Reserve's aggressive interest rate cut
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Wall Street investors didn't exactly celebrate the Federal Reserve's emergency rate cut Tuesday, but home owners with expensive lines of credit on their mortgages should jump for joy.
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Investors gave short shrift to hopes  of the U.S. Federal Reserve rescuing the world economy with a  further interest rate cut on Wednesday and continued to bet on  a bad year, selling stocks and the dollar and buying bonds.
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With Wall Street in the final stretch of the year and the Dow Jones industrial average in record territory, investors expect next week to bring in even more holiday cheer.
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October will bring tricks -- and treats -- to candy hungry investors.
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Stocks rose on Wednesday as investors bet the Federal Reserve's bold rate cut would help prevent the economy from slowing further and boost profits.
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Stocks on Wednesday were poised to extend the previous session's rally, the biggest in four years, as investors bet a slowing U.S. economy would get a boost from the Federal Reserve's aggressive interest rate cut
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With the pace of corporate earnings reports slowing, Wall Street will have its eye on consumer prices and other economic indicators in this holiday-shortened week.
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Stocks fell on Tuesday after Federal Reserve Chairman Ben Bernanke warned inflation is still a major concern, all but dashing remaining hopes for an interest-rate cut this year.
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Stock prices were lower in early trading today as Wall Street awaited minutes from the Federal Reserveâs Aug. 7 meeting, which could provide insight into whether it may cut rates.
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Stocks advanced on Monday, briefly sending the Dow industrial average up 1 percent, as investors anticipated the Federal Reserve would cut rates further this week to ease fears of a recession.
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Stocks rose on Monday as  investors bet that the Federal Reserve would keep slashing interest rates to prevent the housing slump from tipping the economy into a recession.