S&P 500 ends little changed as early gains fade before Fed decision
U.S. stocks closed nearly unchanged on Tuesday, giving up earlier gains that had vaulted the S&P 500 and Dow Industrial Average to record highs as investors braced for the first Federal Reserve rate cut in 4-1/2 years.
Stock Market Today: Dow, S&P 500 in record territory after Fed's big rate cut
Thursday's data on weekly initial jobless claims was being seen by financial-market participants as consistent with a soft-landing scenario for the U.S. labor market. "Despite the significa
Dow, S&P 500 Erase Gains Despite Robust Rate Cut
The Federal Reserve delivered its highly anticipated 50-basis point interest rate cut this afternoon. While the decision initially pushed the Dow and S&P 500 to new record highs, the former reversed its triple-digit gain to settle 103 points lower,
U.S. stocks trade sideways just over an hour away from pivotal Fed rate decision
U.S. stocks on Wednesday treaded water, as market participants await one of the most pivotal Federal Reserve monetary policy rate decisions in recent memory. It is all but a given that the central bank will deliver its first interest rate cut since the COVID-19 pandemic four years ago,
Stock Market Today: Dow, S&P 500 end nearly flat ahead of Fed interest-rate decision
The August retail sales report was the last round of upper-tier economic data to be released ahead of Wednesday's rate decision, and it wasn't enough to move the needle much in terms of the debate between whether the Fed will cut by a larger-than-usual 50 basis points or a standard 25 basis points.
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S&P 500 Momentum Report
The S&P 500 has recovered to less than 1% away from a fresh all-time high, with the 5,674 level once again proving to be a ...
US stocks bounce back, Treasury yields steady after CPI, debate
Wall Street reversed an earlier sell-off to close higher on Wednesday, and Brent crude prices rebounded from 3-1/2 year lows ...
Transcript: Solar energy’s moment in the sun
BP has put its $2bn US onshore wind business up for sale. It wants to focus on solar energy instead. The pivot is a sign of growing excitement about solar in the US. And here to discuss is the FT’s ...
The new week brings three central bank decisions
The new week brings three central bank decisions, starting with the Fed on Wednesday (plus a new dot-plot), the BoE on ...
marketindex4d
Morning Wrap: ASX 200 to open near all-time highs, Nasdaq logs best week since November 2023
The S&P 500 and Nasdaq posted its strongest week of 2024, the 25 vs. 50 bp cut debate rages on, Oracle flags a massively ...
Fox News10d
Debate challenge: The pressure’s on Kamala as she and Trump trade flip-flop charges
It’s impossible to know just how tonight’s debate will go, but polling suggests the pressure is on Kamala Harris. Almost everyone on the planet knows what they think about Donald Trump ...
FXStreet11d
Forex: 25 bp cut likely per Waller, but Harris-Trump debate might steal the spotlight
But tomorrow’s first Harris-Trump debate might also stir things up ... but more so with the Fed only moving 25 bp in September . USD/JPY finally hit the brakes on its four-day slide, hovering ...
How weak must August CPI be to raise odds of a 50-basis-point Fed rate cut?
The headline U.S. Consumer Price Index for August, due out on Wednesday, is primed for another soft reading – helped by a ...
BusinessWorld9d
Dollar falls before US inflation data, debate
THE DOLLAR edged down on Tuesday before US inflation data and the televised US presidential debate, which could affect ...
Before the Bell: What every Canadian investor needs to know today
Commonwealth Bank of Australia strategist Carol Kong says current pricing for Fed easing is too high. “We continue to favor a ...
Yahoo Finance8d
US stocks bounce back, Treasury yields steady after CPI, debate
with a dwindling 15% chance of a double-sized 50 bp cut, according to CME's FedWatch Tool. Market participants paid close attention to late Tuesday's U.S. presidential debate, listening closely ...
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‘Will it cause reputational damage?’: British Museum director discusses controversial BP donation
In a recent interview with The Sunday Times, Nicholas Cullinan also mulls over the Parthenon Marbles and recent thefts ...