Rate cut hope lifts Wall Street
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Stocks rose on Tuesday as expectations the Federal Reserve will slash interest rates for the second time in a week boosted banks, insurers and home builders.
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Stocks rose on Monday as investors snapped up shares of financial companies and big manufacturers on hopes that the Federal Reserve would keep slashing interest rates to forestall an economic downturn.
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Asian stocks bounce back after an interest rate cut by the US Federal Reserve helps calm investor anxiety.
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Stocks opened higher on Monday as investors snapped up beaten-down shares on hopes that recent economic weakness will prompt the Federal Reserve to slash interest rates to avert a recession.
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The Dow industrials rose on Tuesday as investors expected another interest rate cut from the Federal Reserve, while data showing a higher-than-expected rise in orders of durable goods last month eased economic worries.
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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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Stocks rose on Monday as investors bet that the Federal Reserve will cut benchmark lending rates this week and that soaring commodity prices will boost profits of metal and energy producers.
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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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Stocks opened higher on Monday, boosted by expectations the Federal Reserve will cut interest rates this week.
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Stocks opened sharply higher ahead of a speech from the Federal Reserve chairman that Wall Street hopes will at least hint at a rate cut.
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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.
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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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Stocks gained on Tuesday, as improving outlooks from technology companies boosted the sector while soothing concern about economic growth and financial shares climbed on expectations the Federal Reserve will cut interest rates next week.
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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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The US Federal Reserve gave Wall Street an impressive boost on Tuesday as stock markets rejoiced in a surprise decision to cut interest rates by 50 basis points.
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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.
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Stocks rose on Tuesday after forecast-topping earnings from Lehman Brothers Holdings Inc  calmed investors' fears about the recent credit turmoil as investors anticipated an interest rate cut.