The Federal Reserve cut interest rates by a half point Wednesday afternoon. Here’s what CNBC is watching going into Thursday.
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Traders got their big-rate-cut wish and markets still couldn’t rally
Stocks struggled to advance after the decision, after initially popping. Some investors believe the central bank may have jumped the gun.
Gold has rallied ahead of Fed rate cuts. Here’s why there could still be more upside
Gold often rallies after Fed rate cuts, but it has already raced ahead of stocks in 2024.
Apple could fall to $200 on iPhone worries and that’s when you buy, says Morgan Stanley
Concerns about iPhone lead times could send Apple shares lower in the near term, according to Morgan Stanley.
How to position your muni bond portfolio ahead of the election and potential tax law changes
With the Federal Reserve rate cutting cycle expected to begin and the election more than a month away, now could be a good time to invest in municipal bonds.
Charts suggest traders should wait before they keep chasing utilities — the hottest trade of the year
Frank Cappelleri breaks down the chart in the Utilities Select Sector SPDR Fund.
Biotech stocks are an unappreciated way to profit from lower rates, Goldman says
As investors await the Fed rate decision Wednesday afternoon, Goldman highlighted to clients an overlooked group of stocks poised to benefit from the move.
These are the stocks that do best immediately after the first Fed rate cut of a cycle
The top 10 stocks that perform the best three months after an initial cut include a megacap name and some big retailers.
How to play the Fed decision using options on gold
Tony Zhang breaks down a spread trade in the SPDR Gold Shares.
The Fed rate cut will boost these kinds of stocks the most, according to UBS
UBS strategist Patrick Palfrey expects lower interest rates will especially benefit smaller, more volatile and less efficient companies.