The Fed's new strategy could keep rates low for longer than you think

The Federal Reserve is stepping up its quest to prevent the United States from tumbling into a spiral of falling prices that is difficult to escape from.

News: What you need to know about the markets     The Fed's new strategy could keep rates low for longer than you think The Federal Reserve is stepping up its quest to prevent the United States from tumbling into a spiral of falling prices that is difficult to escape from. Read more »   Another 1 million Americans filed for unemployment insurance benefits last week Another 1 million American workers filed for first-time unemployment benefits last week on a seasonally adjusted basis, the Labor Department reported Thursday. Read more »   The Dow just turned positive for 2020 The Dow is roaring higher Thursday after Federal Reserve Chairman Jerome Powell revealed the central bank's new policy strategy, which will essentially keep interest rates lower for longer. Read more »   Want to order the new PlayStation 5? Good luck If you were hoping to preorder the PlayStation 5 as soon as possible, be prepared to jump through several hoops. Read more »   Lord & Taylor is closing all of its stores after 194 years in business Lord & Taylor, the first department store established in the United States, is officially going out of business, ending a nearly 200-year run. Read more »   Want to order the new PlayStation 5? Good luck If you were hoping to preorder the PlayStation 5 as soon as possible, be prepared to jump through several hoops. Read more »

Dow Nasdaq S&P +160.35   -39.72   +5.82 28,492.27   11,625.34   3,484.55 +0.57%   -0.34%   +0.17% YTD -0.16%   YTD +29.56%   YTD +7.85%

Biggest Winners Live Nation Entertainment Inc +8.78%   Abbott Laboratories +7.85%   Royal Caribbean Cruises Ltd +5.98%   Norwegian Cruise Line Holdings Ltd +5.92% Biggest Losers Coty Inc -8.05%   Quest Diagnostics Inc -7.03%   PerkinElmer Inc -4.14%   HollyFrontier Corp -3.67%

Hottest ETF NYSE Market Volume

Key Market Stats Latest Today's Change Oil $43.00 -0.04 / -0.09% Gold $1,934.70 +2.10 / +0.11% 10-yr 0.75% +0.06 Euro $1.18 -0.00 / -0.16%

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