Tuesday, March 3, 2020

Federal Reserve announces an emergency rate cut

The Federal Reserve slashed interest rates by half a percentage point on Tuesday.
CNN Business: Markets Now
 
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Federal Reserve announces an emergency rate cut
The Federal Reserve slashed interest rates by half a percentage point on Tuesday. Read more »
 
The Fed just hit the coronavirus panic button
The stock market -- and President Trump -- really wanted the Federal Reserve to cut interest rates as soon as possible because of concerns about coronavirus. Everybody got their wish. Read more »
 
The central bank cavalry is coming. Is it enough?
After the most brutal week for investors since the Great Recession, stocks soared Monday on the hope central banks will ride to the rescue. Read more »
 
The 10-year Treasury yield just dropped below 1% for the first time in history
The 10-year Treasury bond yield dropped below 1% for the first time in history on Tuesday, as investors grew increasingly worried about the novel coronavirus outbreak. Read more »
 
Dow tumbles after the Fed's surprising news about the economy
Stocks fluctuated wildly on Tuesday after the Federal Reserve slashed interest rates by a half point to help protect the US economy against the fallout from coronavirus. Read more »
 
NBC is insured if the Olympics are canceled
One of the biggest unanswered questions about the coronavirus outbreak is how it might affect the 2020 Olympic games in Tokyo this summer. Read more »
 
 
 
 
Dow Nasdaq S&P
-785.91   -268.08   -86.86
25,917.41   8,684.09   3,003.37
-2.94%   -2.99%   -2.81%
YTD -9.18%   YTD -3.22%   YTD -7.04%
 
Biggest Winners
Newmont Corporation +6.19%
 
Trane Technologies PLC +5.48%
 
Lennar Corp +2.59%
 
Welltower Inc +2.33%
Biggest Losers
Unum Group -8.99%
 
Charles Schwab Corp -8.77%
 
Lincoln National Corp -8.35%
 
Raymond James Financial Inc -7.93%
Hottest ETF
Hottest ETF
NYSE Market Volume
NYSE Market Volume
Key Market Stats Latest Today's Change
Oil $47.23 +0.05 / +0.11%
Gold $1,640.60 -3.80 / -0.23%
10-yr 1.01% -0.08
Euro $1.12 +0.00 / +0.21%
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