The Latest Breaking News on Stock movers after Fed rate cut: Tesla, Salesforce, Darden Restaurants, and more

“The Fed is cutting into one of the stronger economies we've seen in years," Yardeni Reseach's Eric Wallerstein told Fortune.

“This is not something that the Fed can really fix,” he said after delivering a historic rate cut.

The S&P 500 Index ($SPX ) (SPY ) today is up by +1.56%, the Dow Jones Industrials Index ($DOWI ) (DIA ) is up by +0.95%, and the Nasdaq 100 Index ($IUXX ) (QQQ ) is up by +2.60%. Stocks today are sharply higher, with the S&P 500 and Dow...

The dollar index (DXY00 ) today is up by +0.36%. The dollar garnered support today after weekly US jobless claims fell more than expected to a 4-month low, a hawkish factor for Fed policy. Also, higher T-note yields today have strengthened the dollar’s interest rate differentials. The dollar fell back...

Are we looking at a recession, or soft landing? Either way, a rate-cutting environment has big implications for your stocks, bonds, and savings.

The S&P 500 Index ($SPX ) (SPY ) today is up by +1.56%, the Dow Jones Industrials Index ($DOWI ) (DIA ) is up by +1.28%, and the Nasdaq 100 Index ($IUXX ) (QQQ ) is up by +2.32%. Stocks today are sharply higher, with the S&P 500 and Dow...

Plus: The Federal Reserve cut interest rates, Congress still isn't cutting spending, and more....

The number of Americans applying for unemployment benefits fell to their lowest level in four months last week

The Bank of England on Thursday kept its key interest rate at 5.0 percent, deciding against consecutive cuts one day after a bumper reduction from the US Federal Reserve.