Stocks Pause After Rally

Stocks were trading slightly higher, as the materials and financial sectors retreated. Their declines were offset by gains in consumer companies.

Topics:  stocks   
BING NEWS:
  • Stocks skid after Fed signals it will slow down its easing
    U.S. stocks plunged on Wednesday after the Federal Reserve cut interest rates by a quarter of a percentage point and the central bank's economic projections signaled a slower pace of cuts next year. According to preliminary data,
    12/18/2024 - 9:14 am | View Link
  • The longer the pause, the more markets will need to equally price rate hike versus rate cut: Brandywine
    Welcome to the "pause phase" of the monetary policy cycle. It could make for a bumpy ride, warned Jack McIntyre, portfolio manager at Brandywine Global. "If the market wasn’t expecting a rate cut today, would the Fed actually have delivered one?
    12/18/2024 - 6:57 am | View Link
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