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Market Likes Latest Cut
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Updated from 2:20 p.m.
The markets appear to hold the winning cards when it comes to the Fed.
The Federal Reserve initially disappointed traders when it slashed its key fed funds rate by just another 25 basis points Wednesday, as expected. It also made a 25-basis-point cut in the discount rate. ...
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| Dow Jones | S&P 500 | NASDAQ | 10-Year Note | |
|---|---|---|---|---|
| 10,309.92 | 1,091.49 | 2,138.44 | 32.31 |
Oil *
77.12
|
|
DOWN
154.48
|
DOWN
19.14
|
DOWN
37.61
|
DOWN
0.48
|
10 Yr
3.23%
SPDR Gold
115.06
|
|
-1.48%
|
-1.72%
|
-1.73%
|
-1.46%
|
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