Stock Market Today: Dow scores new record close as expectations grow for jumbo rate cut
U.S. stocks ended mixed on Monday, as traders’ expectations for the Federal Reserve to deliver a 50-basis-point rate cut on Wednesday continued to grow. The Dow Jones Industrial Average went up 228.30 points or 0.
Stock Market Today: Stocks Swing Lower After Fed's Jumbo Rate Cut
Stocks were choppy in the lead-up to today's Federal Reserve policy announcement. While the main indexes made a confident move higher after the central bank cut rates by a half-percentage point, a late-day burst of selling pressure sent them into the red at the close.
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Microsoft Corp (NASDAQ:MSFT) stock is up 2.3% to trade at $441.13 this morning, propping up the Dow, after the blue-chip tech ...
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Microsoft bought back $2.8 billion of stock during the quarter. Ahead of the company's earnings call, the stock is off about 2%.
Shares of Microsoft Corp. inched 0.17% higher to $431.34 Monday, on what proved to be an all-around favorable trading session ...
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