SPY News: 4 ETFs Yielding 7% or More & Outperforming S&P 500 - 27th Sep 2024, 10:29pm

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Wall Street received good news this month in the form of a Fed rate cut. The Fed enacted a 50-bp rate cut but the move was insufficient to keep the broader market rallying. Although U.S. stocks hit highs initially, they wavered occasionally this week. Investors expressed doubts over the health of the economy and the chances of another solid rate cut.

Meanwhile, consumer confidence fell in September as Americans grew increasingly worried about a cooling labor market. The latest index reading fro...

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