Tag: basis points
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Fed to cut rates by 25 basis points on Sept. 18, twice more in 2024: Reuters poll
By Indradip GhoshBENGALURU (Reuters) - The Federal Reserve will lower interest rates by 25 basis points at each of the U.S. central bank's three...
There’s a major flaw in the stock market’s most bullish thesis
Money market funds won't save the stock market from a painful decline, Bank of America says.A 25-basis point Fed rate cut won't change the...
Stock market today: Stocks notch worst weekly decline since March 2023 after August jobs report
US stocks fell sharply on Friday after a weak August jobs report raised recession fears.The S&P 500 had its worst week since March 2023,...
Stocks Hit by Jobs in Worst Week Since March 2023: Markets Wrap
(Bloomberg) -- Stocks saw their worst week since March 2023 and bonds whipsawed as another disappointing US jobs report revived concerns the economy is...
Nvidia stock tanks 4% amid rough week for chip stocks
Nvidia stock (NVDA) sank 4% on Friday as the semiconductor sector led a market sell-off in the final trading session of a volatile first...