Wall Street rallies for 2nd day after Fed rate cut
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Stocks rose on Wednesday as investors extended a rally a day after the Federal Reserve's bold rate cut, betting that lower borrowing costs would keep the economy from slowing further and boost profits.
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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&#39;s aggressive interest rate cut  that eased fears over the outlook for the economy.
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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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NEW YORK, June 27 -- Wall Street rallied Wednesday, reversing three days of losses in the Dow Jones industrial average, but investors still appeared skittish ahead of the Federal Reserve's interest rate decision.
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Stocks shot higher Wednesday after the Federal Reserve answered two of Wall Street's major concerns, indicating that the economy remains healthy and that inflation pressures are easing. The Dow Jones industrials climbed nearly 100 points to set another trading high, while the Russell 2000 index had its first close above 800.
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Asian shares rallied on Wednesday after the Federal Reserve's biggest interest rate cut in over two decades, but nagging fears of a U.S. recession prompted many indexes to give up much of their early gains.
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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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Wall Street bounced back yesterday from its sharp decline a day earlier, lifted by takeover activity ahead of a majority of second-quarter earnings reports.
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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.
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Wall Street rallied on Monday as a burst of merger and acquisition activity offset anxiety about a stronger yen and the suspension of trading in shares of a big subprime mortgage lender.
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Wall Street cheers Bernanke's big cut. Should the rest of us be as excited?
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Asian stock markets soared Wednesday 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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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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Stocks rose on Wednesday adding to the previous session's rally, the biggest in more than four years, as investors bet the Federal Reserve's aggressive rate cut would help prevent an economic slowdown.
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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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Wall Street stocks rallied on Monday, after overcoming an initial wobble, as hopes for more aggressive interest rate cuts spurred gains in financial companies ahead of the Federal Reserve's policy meeting on Tuesday.
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Asian stocks bounce back after an interest rate cut by the US Federal Reserve helps calm investor anxiety.