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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Hopes of a cut in interest rates were raised today, following the publication of the Bank of England&#39;s Monetary Policy Committee minutes.
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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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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 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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Shares in Northern Rock recovered further as the London stock market was buoyed by a deep US interest rate cut, dealers said Wednesday.
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Wall Street advanced in a holiday-shortened session on Tuesday, lifted by the latest takeover news and stronger-than-expected manufacturing data.
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Stocks extended their biggest rally in four years, buoyed by speculation that Federal Reserve interest rate cuts will help contain the housing slump and lead to profit growth.
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Stock futures rose on Monday as  investors bought beaten-down shares on hopes that recent signs  of deterioration in the economy will prompt the Federal Reserve  to slash interest rates to avert a recession.
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Leading shares closed higher, at session highs, aided by a strong rise on Wall Street in anticipation of a rate cut tomorrow, while miners underpinned Footsie gains as production worries pushed base metals higher.
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Stocks climbed in Europe and Asia on Wednesday, after a surprise hefty U.S. interest rate cut, but persistent worries about a U.S. recession and expectations of even lower rates to come lifted safe-haven government bonds.
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Stock index futures rose on Tuesday as investors looked forward to another interest rate cut from the Federal Reserve this week to help cure the economy's ills.
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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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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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U.S. stock futures rose on Thursday as investors bet that data on new home sales would strengthen the case for further interest rate cuts to ease the toll of the housing slump on the economy.
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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 opened higher on Tuesday as another interest rate cut from the Federal Reserve this week seemed likely, while data showing a higher-than-expected rise in orders of durable goods last month eased some economic worries.