Global stocks salute steep Fed cut with rally
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Asian shares rallied on Wednesday with Hong Kong jumping 7 percent after the Federal Reserve's biggest interest rate cut in over two decades tempted investors to beaten-down equities, but recession fears lingered.
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Shares across Europe and Asia recover, as traders take heart from a late rally on Wall Street.
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Asian markets advance after the US Federal Reserve cuts interest rates for the first time in four years.
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Asian stocks jumped Wednesday morning in the wake of Wall Street's overnight surge spurred by the U.S. Federal Reserve's larger-than-expected interest rate cut.
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London equities made strong gains on Wednesday, with every FTSE 100 stock higher after strong overnight gains on Wall Street following the Federal Reserve&#39;s 50 basis point cut in US interest rates.
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Stocks rallied on Monday as investors snapped up shares of manufacturers and downtrodden banks after more weak housing data bolstered expectations the Federal Reserve will slash rates later this week.
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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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Stocks rose on Wednesday, helped by news of General Motors Corp's  deal ending a strike and expectations that the Federal Reserve would cut interest rates again to spur growth.
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Stocks rallied on Wednesday as strong   earnings reports, lower oil prices, and the Federal Reserve's   decision to leave interest rates unchanged for the second   consecutive month increased optimism about the coming quarter   and a "soft landing" for the U.S. economy.
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Global stock markets rebounded on Tuesday as investors put aside fears of a US economic slowdown and focused on expectations of an interest rate cut by the Federal Reserve.
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The dollar rallied forcefully on  Wednesday as investors took a break from worrying about the  U.S. current account deficit and focused on relative interest  rate and growth differentials.
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US stocks skidded but averted a meltdown Tuesday amid a global financial market panic that prompted an unprecedented 75-basis-point rate cut by the Federal Reserve.
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U.S. stocks mostly edged higher on Tuesday after growing optimism the Federal Reserve will soon make another cut in interest rates offset warnings from two leading retailers and weak economic data.
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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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Asia stock exchanges close up as investors respond to yesterday's Federal Reserve interest rate cut.
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Stock futures pointed to a higher opening on Wall Street on Wednesday, as shares continue to rally following the Federal Reserve's aggressive interest rate cut that eased fears over the outlook for the economy.
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Global stock markets rebound on hopes that the US Federal Reserve will cut interest rates.