Wall Street stocks soared to fresh records Thursday as markets cheered the Federal Reserve's move to aggressively cut interest rates to protect the labor market.
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 ...
Currently valued at a forward price-to-earnings (P/E) ratio of 29.33, investors are willing to pay a premium for Eaton's future earnings potential relative to its industrial sector peers ... while 4 ...