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Wall Street climbs to new highs on hopes of interest rate cuts
A slowdown in the job market could bolster the case for the Federal Reserve to cut its main interest rate.
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cnbc.com
CNBC Daily Open: Investors bet on Fed cuts, but labor data cuts deeper
The Fed may be ready to cut rates, but the job market's cutting deeper.
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CNBC Daily Open: Investors cheer coming rate cuts, but also contend with job cuts
The Fed may be ready to cut rates, but the job market's cutting deeper.
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scmp.com
Wall Street climbs to new highs on hopes of interest rate cuts
A slowdown in the job market could bolster the case for the Federal Reserve to cut its main interest rate.
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Wall Street’s dilemma: How Fed rate cut hopes clashed with slowing jobs growth
The S&P 500 and Nasdaq both briefly hit record intraday highs Friday before tumbling on a weaker August jobs report.
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fortune.com
Wall Street is locked in for a Fed rate cut next week: The only question is how far and how fast Powell will go
“The broader market psychology has shifted," Convera’s George Vessey says. "The question is no longer if the Fed will ease, but how fast."