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0.00203665987780036 0.00203665987780036 0.00203665987780036 0.00203665987780036 0.00203665987780036 0.00203665987780036 0.0244399185336049 0.0272912423625255
Stock impact report

Stocks, Bonds Rally as Federal Reserve Cuts Rates: Markets Wrap [Yahoo! Finance Canada]

NISSAN MOTOR LTD S/ADR (NSANY) 
US:NASDAQ Investor Relations: nissan-global.com/en/ir
rally in the US lifted stocks, bonds and commodities as the Federal Reserve cut interest rates. Most Read from Bloomberg Australian stocks and equity futures for Japan and Hong Kong all rose, while the Golden Dragon index of US-listed Chinese companies rallied 3.5%. The S&P 500 gained 0.7% and the Nasdaq 100 climbed 1.5%, both setting fresh peaks for a second day. An index of global stocks also advanced to a record. Treasuries rallied sharply on Thursday, paring declines from the prior day as the Fed cut rates 25 basis points as expected. The 10-year yield fell 11 basis points in a sign investors may be recalibrating initial fears of inflation under a Donald Trump administration. Australian and New Zealand yields fell early, echoing Treasuries. The moves across asset classes were helped along by comments from Jerome Powell who pointed to the strength of the US economy and said he doesn't rule “out or in” a December rate cut. The Fed chair added that in the near term, the elect Show less Read more
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