Stocks Soar To New Highs
FedEx(FDX) Forbes·2024-09-20 20:31
Shares of FedEx tumbled overnight following a disappointing earnings report and forecast. (Photo by ... [+] Ben Jared/PGA TOUR)PGA TOURKey Takeaways Fed's Aggressive Half-Point Cut Signals Caution Amid Economic Uncertainty Stock Market Rallies, But Global Slowdown Concerns Still Loom Large Commodities Like Oil And Copper Drop, Raising Global Economic WorriesOne day after Jay Powell and the Federal Reserve cut interest rates by a half of percentage point, stocks partied, to quote Prince, "like it's 1999." Th ...