morning all
@poyndexter is chucking a sickie....kids these days
SPI futures currently minus 6, but i would keep the below link handy and check closer to open as last night was very volatile
Stock Futures | Index & Market Futures - Investing.com AUDOW.................41503 minus 103
[email protected] minus 16
NASDAQ...........17573 minus 54
FTSE.................8253 minus 56
DAX..................Lederhosen
CAC...................found in a lot of Lederhosen, especially 1944....what? too soon?
AUD...................67.6 flat
GOLD................$2555 minus $17.87
BITCOIN...........$59709 USD minus $363
couldnt find any other commodity prices despite scouring every page on Pornhub....I did meet a lovely couple on there, Doug and Marion...nice couple, they seem to make it work, despite of their height difference....anyway if you need any other price...google it you lazy #$%&
Stock Market Today: Dow falls over 100 points as stocks end volatile session lower after Fed's biggest rate cut in 16 yearsLast Updated:
18. Sept 2024, 4:28 pm GMT-4
Updated 15 min ago
U.S. stocks end volatile session lower after Fed cuts rates by a half-pointBy
Isabel Wang
U.S. stocks finished lower after choppy trading in the wake of the Federal Reserve's decision to lower its benchmark interest rate by half a percentage point, an aggressive start to a monetary-easing cycle in the world’s largest economy.
The Dow Jones Industrial Average was off 103.08 points, or 0.3%, to end at 41,503.10, according to FactSet data. The blue-chip index logged its worst daily point and percentage declines since Sept. 6, after giving back its nearly 400-point advance seen in the immediate aftermath of the Fed decision.
The S&P 500 fell 16.32 points, or 0.3%, to finish at 5,618.26, snapping a seven-day winning streak.
The Nasdaq Composite lost 54.76 points, or 0.3%, ending at 17,573.30.
Apart from the rate-cut decision, policymakers said they expect to lower interest rates multiple times by the end of 2024. They also suggested the policy rate could fall to a range of 3.25% to 3.5% by the end of 2025, according to the Fed's Summary of Economic Projections, also released Wednesday.
what's gunna happen today?
buggered if i know, but a 50 points rate cut should NOT instill any confidence in the markets...they dont cut for fun
and remember...a wise man said something once
forgot was it was, but he did say it
