Stocks Rally Ahead of Fed Meeting
Wall Street rose as investors priced in a potential Fed rate cut amid late-session gains in tech and blue chips. The Dow advanced 135.70 to 9,959.11, Nasdaq 60.27 to 1,951.18, and S&P 500 20.28 to 1,170.81, with optimism tempered by warnings of a smaller cut and ongoing first quarter earnings concerns.
MENTIONED IN THIS ARTICLE
Dow Jones
Dow
Dow Industrials
Dow Transportation
Dow Utilities
Nyse Composite
S&p
Russell
Wilshire
Xchang Yoange FT Oe
Se Nasdaq
Lucent
MedPlus
Grace
Appibio
NeoThera
CaremkRx
Adverkt
Nan Jen
SCI Sys
Inetinfra
Stmre
Highins
SemotusSol
Harind
GreyWolf
Novoste
Lennox
Palatin
Winstar
ShawGps
Sifco
PNC
Alcoa
Datalex
Sagam
IMCO
Team
Tessco
SL Ind
SoTexDrn
AeroGen N
Most Ave
Djia Diam
Oracle
Semihtrn
Sun Micro
Pfizer
SP Tech
WorldCom
AOLTW
SP Mid
CienaCp
Chi
Wong
At&t NY
Kmart NY
AllgEngy NY
Keyspan NY
AEP NY
Amart NY
Kroger
Lowes NY
ArchCoal NY
Merck
Ashland
Microsft Nash
Bb&tcp NY
BP Amoco NY
Mylan BakrHu NY
Nashf Nash
NorflkSo NY
BellSouth NY
PepsiCo NY
BethSt NY
CSX NY
PhilMot NY
Cvsco NY
PhilPot NY
Petme
Praxair NY
Carop
Amex
DomRes NY
Rockwl NY
DowChms NY
SBC Com NY
DuPont NY
Sears NY
Duke Eggs NY
SouthnCo NY
Ekodak NY
EmrsnEl NY
TacoAut NY
TriContl NY
FMC
Usxmar
FtVaBk NY
Usxuss
Flowers NY
GenElecs NY
Unisys NY
Gapcgp NY
UPS
US Airway NY
Glaxoskin NY
Hcahith NY
UnisiCp NY
Herculs NY
VerizonCm NY
Humana NY
WalMart NY
Intels
Westvaco NY
IBM NY
WmsCos NY
Fidelity Invest
Magelin LC
Vanguard Idx
Icaa P
American Funds
Wsha P LV
Groinc LC
Gwtha P
Janus
PIMCO
Instl
Eupaca P IL
N Pera P GL
Wridw GL
Vanguard
GroCp
BloCh LG
Wellin
Eq Inc el
Puritn
Putnam Funds
Grina P LV
Twen LG
Prince XV
Fdinva P XV
Voya P
Incoa P MP
Fidelity Spartan
Amer Express A
Nwd
AIM Funds
Const P XG
Fidel MT
Gnma NL
Eqiel
Frank/Temp Funk
Caltfap SS
Nwopa P
AggrGr R
Morg St Dean Wit
AIM
Value T
Fidelity Advisor T
Groppt
Capwga P
Mercury
el -Equity Inc
Lipper, Inc
New York
Wall Street
Federal Reserve
Stan & Poor
Dell
Lehman Brothers
Goldman Sachs
Merrill Lynch
Morgan Stanley
Fed
Open Market Committee
FOMC
Charles White
Avatar Associates
White
Barry Berman
Robert W. Baird & Co
Milwaukee
New York Stock Exchange
Standard & Poors
Ee. Russell Ae
NYSE
Wall Street bets big rate cut to buoy economy
Investors await Fed action as Greenspan faces markets in decline. Dow climbs 135.70 to 9,959.11 amid expectations of a 0.75 percentage point rate cut to revive growth and calm fears of a prolonged recession. Economists warn of a market driven slowdown if confidence falters.
MENTIONED IN THIS ARTICLE
Washington
Federal Reserve
Alan Greenspan
Wall Street
Fed
Sung Won Sohn
Wells Fargo
Minneapolis
Sohn
U.S
Greenspan and Company
Greenspan
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