DiscoverSchwab Market Update AudioStocks Up for 5th Day on Jumbo Rate Cut Hopes
Stocks Up for 5th Day on Jumbo Rate Cut Hopes

Stocks Up for 5th Day on Jumbo Rate Cut Hopes

Update: 2024-09-13
Share

Description

Stocks rallied again and yields hit new 52-week lows on growing hopes for a 50-basis-point Fed rate cut. Info tech has led the rally, but a new S&P 500 all-time high seems elusive.

Important Disclosures

Information on this site is for general informational purposes only and should not be considered individualized recommendations or personalized investment advice. The type of securities and investment strategies mentioned may not be suitable for everyone. Each investor needs to review a security transaction for his or her own particular situation. All expressions of opinion are subject to change without notice in reaction to shifting market, economic and geo-political conditions.

Data contained herein from third-party providers is obtained from what are considered reliable sources. However, its accuracy, completeness or reliability cannot be guaranteed.

All corporate names are for illustrative purposes only and are not a recommendation, offer to sell, or a solicitation of an offer to buy any security.

Investing involves risk, including loss of principal.

Past performance is no guarantee of future results.

The Schwab Center for Financial Research is a division of Charles Schwab & Co., Inc.

Apple Podcasts and the Apple logo are trademarks of Apple Inc., registered in the U.S. and other countries.

Google Podcasts and the Google Podcasts logo are trademarks of Google LLC.

Spotify and the Spotify logo are registered trademarks of Spotify AB.

Comments 
00:00
00:00
x

0.5x

0.8x

1.0x

1.25x

1.5x

2.0x

3.0x

Sleep Timer

Off

End of Episode

5 Minutes

10 Minutes

15 Minutes

30 Minutes

45 Minutes

60 Minutes

120 Minutes

Stocks Up for 5th Day on Jumbo Rate Cut Hopes

Stocks Up for 5th Day on Jumbo Rate Cut Hopes

Keith Lansford