Tuesday, 3 March 2020

Dow Jones, Nasdaq 100, S&P 500 Swing Wildly After Emergency Rate Cut

Stocks swung wildly following an emergency Fed rate cut that marked the first intra-meeting reduction to the Federal Funds rate since Lehman Brothers collapsed in 2008.

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ECB Leaves Rates Unchanged, Rate Cut Looms, EUR/USD Steady Ahead of Press Conference

The European Central Bank left all three official rates unchanged as expected. Traders are now focusing on the press conference for any clue...