If stocks already were due for a tumble and the economy for a recession, the Fed’s rate cut probably didn’t avert it.

After closing Wednesday lower, US stocks have woken up to the reality of the Federal Reserve's 50-basis-point cut and are off to the races. The Dow Jones Industrial (^DJI) is rising by over 1%, while ...

After closing Wednesday lower, US stocks have woken up to the reality of the Federal Reserve's 50-basis-point cut and are off to the races. The Dow Jones Industrial (^DJI) is rising by over 1%, while ...

By market close on Thursday, the S&P had registered another record high, while blue-chip stocks and the Dow Jones ended the trading session above 42,000, a first for the index. Tech stocks continued ...