U.S. stock indexes edged lower Wednesday after the Federal Reserve kicked off its efforts to prevent a recession with a bigger-than-usual cut to interest rates.
U.S. stocks rose closer to their records and closed out their best week of the year as hopes built for a big rate cut next week. The S&P 500 rose 0.5% Friday to climb within 0.7% of its all-time high ...
Because these companies are among Wall Street’s largest by market value, their movements pack more punch on the index than almost every other stock. All told, the S&P 500 rose 58.61 points to ...