Grim Housing Report Lifts Wall Streetâs Hopes for a Rate Cut
394398
As sales of existing homes plunged 8 percent in September to the slowest annual pace in nearly a decade, markets rebounded from early losses on hopes the Fed will cut rates.
401017
Stocks edged up on Friday as expectations of an interest rate cut offset a warning by Merrill Lynch that revived concerns about credit conditions and the impact of the weak U.S. housing market.
43419
Stocks looked poised for a lower open on Tuesday after a Wall Street Journal article cast doubt on the chances of a Federal Reserve interest rate cut on Wednesday.
278506
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.
135931
The Federal Reserveâs surprise rate cut stemmed a fall in the Asian markets Wednesday but heightened fears of recession. Stocks in Europe were down slightly.
431678
The United States Federal Reserveâs surprise rate cut stemmed losses on the Asian stock markets but heightened fears of a painful recession.
473186
The US Federal Reserve cuts interest rates from 4.75% to 4.5% to help kickstart housing and credit markets.
585859
Wall Street retreated ahead of a widely expected interest rate cut by the Federal Reserve as investors cashed in profits from the stock marketâs two-day rally.
307244
Moving aggressively to stimulate a slowing economy, the Federal Reserve Board yesterday voted unanimously to slice its benchmark interest rate by half a percentage point, its first rate cut in four years, sending the Dow Jones industrial average up 335.97 points, or 2.5 percent. It was the biggest one-day point gain for the Dow in almost five years.
256131
A discouraging report on home sales wiped out early gains on Wall Street.
309358
WALL Street is said to be a bit rattled at the Federal Reserveâs latest quarter-point rise in American interest rates. Yesterdayâs one-third drop in quarterly profit announced by investment bank Morgan Stanleyâs will not help the jitters.
160330
US stocks regained some stability in the past week with investors hoping the Federal Reserve will deliver fresh interest rate cuts in days, but analysts warned that markets would remain volatile.
682000
Stocks shot higher on Tuesday after the Federal Reserve cut the fed funds rate by 50 basis points, providing relief to investors worried that the housing and credit market turmoil could spread to the broader economy.
546096
Investors hope for a year-end rebound after a week of rate cuts and worrisome economic data.
49392
A disappointing November employment report helped push mortgage rates lower this week, according to Freddie Mac&#39;s weekly mortgage survey.
216226
The Curious Capitalist: The Fed cuts rates by a half-point, and the stock market cheers  -  not that that means anything
425637
U.S. stocks took a beating yesterday largely because poor earnings from one of the nation's largest mortgage lenders renewed concerns about whether the housing downturn could damage the broader economy.