Stocks Rally a Day After Fed’s Big Interest Rate Cut

Stocks Rally a Day After Fed’s Big Interest Rate Cut

The S&P 500 had already been climbing as investors grew more confident that the Federal Reserve would cut interest rates by half a percentage point. Thursday’s gain put the index in range of a closing record.
Why Uncertainty Still Hangs Over the Fed’s Rate Decision

Why Uncertainty Still Hangs Over the Fed’s Rate Decision

Investors, economists and politicians are at odds over whether the central bank should cut interest rates by a quarter-point, or more.