- Trump threatens credit-card interest caps, but smart money still views him bank-friendlyby Chris Matthews on September 19, 2024 at 5:12 pm
The analyst community isn’t taking the former president’s proposal too seriously, and is instead looking at Trump’s bank-friendly first term as a guide for how investors should play a possible second Trump term.
- Nvidia’s stock is surging. Here’s how it tends to perform after interest-rate cuts.by Emily Bary on September 19, 2024 at 5:03 pm
Nvidia’s stock historically has made dramatic moves in the year after initial Fed interest-rate cuts, and it has outperformed the S&P 500 on average when looking at all rate cuts since the IPO.
- Leading index for U.S. economy falls for sixth straight month, signaling slower growth aheadby Greg Robb on September 19, 2024 at 4:53 pm
The leading indicators for the U.S. economy sank 0.2% in August, the privately run Conference Board said Thursday. That is the sixth straight monthly decline.
- Bond spreads for ‘Magnificent Seven’ tighten as investors celebrate interest-rate cutby Ciara Linnane on September 19, 2024 at 4:27 pm
“As frequent bond issuers, big tech loves lower rates.”
- Mortgage rates fall to lowest level in two years: Here’s how much money you need to buy a $400,000 homeby Aarthi Swaminathan on September 19, 2024 at 4:04 pm
The 30-year mortgage rate is averaging 6.09%, Freddie Mac said in its latest weekly survey on Thursday.
- JetBlue Airways to open its first premium customer lounges in New York and Bostonby Steve Gelsi on September 19, 2024 at 3:32 pm
Airline said it is responding to growing demand for “premium” perks.
- Olive Garden parent Darden’s earnings hit by ‘significant’ drop in traffic in July, but stock gains on Uber delivery tie-upby Ciara Linnane on September 19, 2024 at 3:25 pm
Darden Restaurants Inc.’s stock rose 7% Thursday, after the parent to Olive Garden, LongHorn Steakhouse and other restaurant chains’ fiscal first-quarter earnings fell short of estimates, but it backed guidance for the full year.
- These tips for investing in mutual funds and ETFs can help you ride with the Fedby MarketWatch on September 19, 2024 at 3:11 pm
Gold glitters, while investors face recession jitters.
- How low could mortgage rates go now that the Fed has finally started cutting? Economists weigh in.by Aarthi Swaminathan on September 19, 2024 at 3:09 pm
Here’s what the Federal Reserve’s interest-rate cut means for mortgage rates.
- Bank stocks join market rally. Analyst cites boost to lenders’ balance sheets.by Steve Gelsi on September 19, 2024 at 3:05 pm
Bank stocks moved up on Thursday as they added to gains from the previous session on the heels of the first interest-rate cut by the U.S. Federal Reserve since 2020.
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