Stocks cheer steep Fed cut, but lose altitude
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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 some of their early gains.
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The Dow closed up more than 300 points for the first time in nearly five years as stocks soared after the Fed's rate cut.
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European equity markets rallied this week after the Federal Reserve cut interest rates, helping ease tightness across money markets and raising hopes for a broader shift in monetary policy.
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Stocks cut early losses on Wednesday as financial companies gained in the aftermath of Tuesday's interest rate cut by the Federal Reserve.
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Stocks extended last week's gain on Monday as investors bet the Federal Reserve will cut interest rates this week out of concern the economy was slowing.
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Stocks gained on Monday, on speculation the Federal Reserve will cut rates this week and as investors snapped up energy and material shares as commodities prices soared.
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Some stocks to consider in the wake of the Fed cut.
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Positive earnings and hopes for another Fed rate cut give stocks a boost.
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U.S. investors follow the world's lead despite a hefty rate cut from the Fed.
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European equity markets rallied on Thursday after Wall Street bounced strongly following comments from Ben Bernanke, Federal Reserve chief, that raised hopes of US rate cut.
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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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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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NEW YORK, Sept. 18 -- 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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US stocks were potentially looking at a brighter start on Friday, after a closely watched measure of inflation fell back into the Federal Reserve&#39;s comfort zone.
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The Dow and the S&P 500 rose on Tuesday as investors bet the Federal Reserve will again cut interest rates to shore up the economy, but worries about technology profits and outlooks limited a broader advance, keeping Nasdaq trade flat.
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Stocks rose on Wednesday as investors bet the Federal Reserve's bold rate cut would help prevent the economy from slowing further and boost profits.
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The Dow and the S&P 500 rose on Tuesday on expectations the Federal Reserve will again cut interest rates to shore up the economy, but worries about technology profits and outlooks limited a broader advance, causing the Nasdaq to dip in the red.