News list for "Burning Wall Street"
The Federal Reserve's interest rate cut ignited Wall Street's enthusiasm, and U.S. stocks reversed wait-and-see sentiment
US stocks rallied on Thursday as the Federal Reserve cut interest rates for the first time in 2025 and hinted at further cuts to come. Thursday's rally marked a reversal of traders' initial reaction to the Fed's decision to take profits on overpriced technology stocks. Robert Schein, chief investment officer at wealth manager Blanke Schein, said: "The Federal Reserve is at a time when the stock market is at an all-time high and the economy is still growing...
2025-09-18 13:56:04
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