Wall Street is rising toward records as a delayed reaction of jubilation sweeps markets following the Federal Reserve’s big cut to interest rates. The S&P 500 was 1.5% higher in

The Federal Reserve's closely followed overnight reverse-repo facility already has begun to reflect Wednesday's big interest-rate cut. Wall Street firms rushed to park extra cash overnight at the facility in the wake of the pandemic,

U.S. stocks are pulling back Friday from the records they set the day before during a worldwide rally. The S&P 500 was 0.5% lower in midday trading but still on track for its fifth winning week in the last six.

Wall Street is holding near its records after the Federal Reserve kicked off its efforts to prevent a recession with a bigger-than-usual cut to interest rates.

European markets traded lower on Friday after Asian stocks surged, as a rally driven by the Federal Reserve’s big cut to interest rates faded.

A record-setting week for Wall Street closed on a quieter note. U.S. stocks mostly pulled back from their highs hit during a worldwide rally the day before, even as the Dow Jones Industrial Average edged up to another record.