66.7 F
Fort Worth
Wednesday, September 23, 2020
- Advertisements -
Banking Fed's low-rate stance sends stocks higher

Fed’s low-rate stance sends stocks higher

Other News

Exxon’s oil slick

Exxon Mobil is slashing its capital spending budget for 2020 by 30% due to weak demand caused by the COVID-19 pandemic and a market...

Folk music’s Mark Twain: 7 Essential tracks from John Prine,

NEW YORK (AP) — Some people, the songs just come out of them. For nearly half a century, they tumbled out of John Prine...

Tarrant County records another COVID-19 death

Tarrant County Public Health (TCPH) on Wednesday, April 8 reported that a resident of Euless has died as the result of the COVID-19 virus....

Tradition stymied: A year unlike any since WWII for Augusta

The Masters is so intertwined with Augusta, they added an extra day to spring break.You see, the first full week of April isn't just...

NEW YORK (AP) — Stocks added to their gains on Wall Street after the Federal Reserve sent a strong signal that it was in no hurry to continue raising interest rates.

The gains Wednesday pushed the Dow Jones Industrial Average above 25,000 points for the first time since early December.

Boeing soared 6.3 percent after reporting a blowout quarter. Other companies including Anthem also rose after reporting strong results.

The dollar weakened against other currencies as traders anticipated that U.S. interest rates would remain low for longer than previously expected.

The S&P 500 rose 41 points, or 1.6 percent, to 2,681.

The Dow rose 434 points, or 1.8 percent, to 25,017. The Nasdaq gained 154 points, or 2.2 percent, to 7,183.

Bond prices rose. The yield on the 10-year Treasury fell to 2.69 percent.

- Advertisements -
- Advertisements -

Latest News

Cindy McCain endorses Biden for president in rebuke of Trump

By JONATHAN J. COOPER Associated PressPHOENIX (AP) — Cindy McCain endorsed Democrat Joe Biden for president Tuesday in a rebuke of President...

House easily passes stopgap funding bill, averting shutdown

By ANDREW TAYLOR Associated PressWASHINGTON (AP) — In a sweeping bipartisan vote that takes a government shutdown off the table, the House...

Trump says new TikTok headquarters could land in Texas, but questions about the deal remain

By Dan Rosenzweig-Ziff, The Texas Tribune Sept. 22, 2020 "Trump says new TikTok headquarters...

New voter registrations plummeted during the pandemic in Texas, where you can’t register online

By Alex Samuels, The Texas Tribune Sept. 17, 2020 "New voter registrations plummeted during...

Fort Worth initiates audit, criminal investigation after terminating director of aviation department

Fort Worth City Manager David Cooke has initiated an audit and criminal investigation following the termination of the director of the city's...