Wall Street Extends Rally After Fed Move
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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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LONDON -- European and Asian stock markets rallied Wednesday in the wake of Wall Street's surge spurred by the U.S. Federal Reserve's larger-than-expected interest rate cut.
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US stocks were higher on Tuesday, amid a broad-based rally that included a rebound in the battered financial sector.
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US blue-chip stocks rallied to the day&#39;s high, after initially trimming earlier gains, overnight as the Federal Reserve raised interest rates by a quarter percentage point.
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U.S. stocks climbed on Wednesday, pushing the Dow to an all-time high for the second day in a row and driving the Nasdaq up more than 1 percent, as data showing a weaker-than-expected services sector calmed inflation fears and added to hopes the Federal Reserve will keep interest rates unchanged.
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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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Wall Street extended its rally yesterday as a sharp drop in oil prices and a surprise jump in the nation&#39;s Gross Domestic Product encouraged more buying.
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Stocks leapt on Wednesday after Federal Reserve Chairman Ben Bernanke suggested the economy was growing but not so quickly as to fan inflation.
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Stocks extended gains on Wednesday, with the Dow at an all-time intraday high and the Nasdaq up 1 percent as weaker-than-expected services data calmed interest-rate and inflation worries.
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A jubilant 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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Wall Street stocks moved higher in early trade on Thursday as technology shares prospered and the market awaited further direction from the US Federal Reserve.
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U.S. stocks rose on Tuesday after the  Federal Reserve said the economy was regaining some momentum  and raised interest rates for the third time this year.
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Stocks edged up on Thursday, extending a steep late-day rally in the previous session that was sparked by optimism about government and central bank plans to boost the economy.
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U.S. stocks opened higher on Monday,  with Wall Street extending its year-end rally in what is  expected to be a light, post-holiday trading day.
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U.S. stocks rallied 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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Wall Street extended its yearend rally Wednesday as a sharp drop in oil prices and a surprise uptick in the nation&#39;s gross domestic product pushed stocks higher.
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The Dow and the S&P 500 extended gains in late trading on Wednesday, taking the Dow up more than 1 percent, as investors bought financial shares and some optimism returned to the market a day after the Fed's emergency interest-rate cut.