Wall Street today: Dow rebounds 200 points after US Fed’s hawkish cut, set to snap 10-day decline; Accenture up 6.5%
2 weeks, 6 days ago

Wall Street today: Dow rebounds 200 points after US Fed’s hawkish cut, set to snap 10-day decline; Accenture up 6.5%

Live Mint  

Wall Street Today: Wall Street's main indexes rebounded to gain some ground on Thursday, December 19, a day after the US Federal Reserve's projections of fewer-than-expected interest rate cuts and higher inflation in 2025 spooked investors and pummeled US stocks. The S&P 500 rose 0.4 per cent in morning trading, a day after tumbling 2.9 per cent when the US Federal Reserve said it may deliver fewer cuts to interest rates next year than earlier thought. The STOXX 600 index fell 1.49 per cent, while Europe's broad FTSEurofirst 300 index fell 30.87 points, or 1.51 per cent. MSCI's broadest index of Asia-Pacific shares outside Japan closed lower by 1.39 per cent, at 572.98, while Japan's Nikkei fell 268.13 points, or 0.69 per cent, to 38,813.58. Yields on 10-year Treasuries jumped past 4.5 per cent to the highest level since May, reflecting the US central bank's more measured approach to interest rate cuts in the coming year.

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History of this topic

Wall Street slumps as good news for the economy is once again bad for stocks
2 days, 7 hours ago

Wall Street slumps as good news for the economy is once again bad for stocks

LA Times  

Good news for the U.S. economy is back to being bad for Wall Street, and the stock market slumped Tuesday following better-than-expected reports on the job market and business activity. But such a solid economy could also keep up pressure on inflation, and it could make the Federal Reserve less likely to deliver the cuts to interest rates that Wall …

Wall Street opens 2025 with more modest losses
1 week ago

Wall Street opens 2025 with more modest losses

LA Times  

Traders work on the floor at the New York Stock Exchange in New York’s Financial District on Jan. 2, 2025. U.S. stock indexes slipped Thursday as Wall Street’s weak end to last year carried into 2025. Consider a measure tracked by Bank of America of how heavily Wall Street analysts are recommending stocks, which recently hit its highest level since …

How major US stock indexes fared Tuesday, 12/31/2024
Trending News
1 week, 1 day ago

How major US stock indexes fared Tuesday, 12/31/2024

Associated Press  

Stock indexes closed mostly lower on Wall Street on the final day of another record-setting year. The S&P 500 slipped 0.4% Tuesday, but still managed to rack up a gain of 23.3% for the year, its second straight year with gains of more than 20%. The Dow Jones Industrial Average slipped 0.1%, and the Nasdaq composite lost 0.9%. Big Tech …

Wall Street today: US stocks rise on final day of bullish 2024
Trending News
1 week, 1 day ago

Wall Street today: US stocks rise on final day of bullish 2024

Live Mint  

Wall Street stocks edged higher on the final trading session of 2024 on Tuesday, extending a bull run of the year fuelled by a nearly 100 basis point cut in interest rates by the US Federal Reserve and a boost from the AI revolution At 09:53 am, the Dow Jones Industrial Average rose 79.15 points, or 0.19 per cent, to …

Stock market today: Wall Street indexes lose ground as market closes another record-breaking year
1 week, 2 days ago

Stock market today: Wall Street indexes lose ground as market closes another record-breaking year

Associated Press  

Stock indexes closed mostly lower Tuesday as the market delivered a downbeat finish on the final day of another milestone-shattering year on Wall Street. The stock market’s record-breaking turn in 2024 was “certainly much better that what most people on Wall Street, myself included, thought we would get this year,” said Sam Stovall, chief investment strategist at CFRA. Receding inflation, …

Wall Street indexes lose ground as market closes another record-breaking year
1 week, 2 days ago

Wall Street indexes lose ground as market closes another record-breaking year

LA Times  

A sign outside the New York Stock Exchange marks the intersection of Wall and Broad Streets, Dec. 12, 2024, in New York. Stock indexes closed mostly lower Tuesday as the market delivered a downbeat finish on the final day of another milestone-shattering year on Wall Street. The stock market’s record-breaking turn in 2024 was “certainly much better that what most …

Wall Street Today: US stocks extend holiday-thin trading dragged by Nvidia, set for 1% weekly gain; S&P up 25% YTD
1 week, 5 days ago

Wall Street Today: US stocks extend holiday-thin trading dragged by Nvidia, set for 1% weekly gain; S&P up 25% YTD

Live Mint  

Wall Street Today: Wall Street's main indices opened lower after US stocks fell in morning trading on Friday, December 27, dampening an upbeat holiday-shortened week that started looking like a classic "Santa Claus" rally was unfolding. The S&P 500 fell 1.4 per cent, with over 80 per cent of stocks in the benchmark index losing ground. MSCI's broad global share …

How major US stock indexes fared Thursday, 12/26/2024
Trending News
1 week, 6 days ago

How major US stock indexes fared Thursday, 12/26/2024

Associated Press  

Stock indexes drifted to a mixed finish on Wall Street as some heavyweight technology and communications sector stocks offset gains elsewhere in the market. The Dow Jones Industrial Average added 0.1%, and the Nasdaq composite fell 0.1%. The Labor Department reported that U.S. applications for unemployment benefits held steady last week, though continuing claims rose to the highest level in …

Stocks gain with bond yields, dollar up; economy, rates in focus
2 weeks, 2 days ago

Stocks gain with bond yields, dollar up; economy, rates in focus

Live Mint  

* Dollar gains, with Treasury yields * Global stock index up, Wall St indexes close higher * Consumer confidence comes in light, capital goods rise By Sinéad Carew and Amanda Cooper NEW YORK/LONDON, - A global equity index rose on Monday with help from Wall Street, and U.S. Treasury yields climbed to an almost seven-month high while data showed a …

Wall Street today: US stocks mixed as funding bill averts partial shutdown, Nvidia gains 1.6%, Qualcomm climbs 2.8%
Trending News
2 weeks, 2 days ago

Wall Street today: US stocks mixed as funding bill averts partial shutdown, Nvidia gains 1.6%, Qualcomm climbs 2.8%

Live Mint  

US stocks were mixed on Monday, as a stopgap government funding bill averted a partial shutdown. At 11:07 a.m. the Dow Jones Industrial Average fell 247.19 points, or 0.58 per cent, to 42,593.07 and the S&P 500 lost 5.47 points, or 0.09 per cent, to 5,925.38. At 09:45 am ET, the Dow Jones Industrial Average fell 132.48 points, or 0.32 …

Dollar rebounds from inflation data drop, euro dips
2 weeks, 2 days ago

Dollar rebounds from inflation data drop, euro dips

Live Mint  

By Chuck Mikolajczak NEW YORK -The dollar rebounded while the euro dipped on Monday, as market moves were being dictated by recent global central bank meetings that set expectations for diverging rate cut paths next year. "The key for the dollar right now is the policy divergence, and Powell going from more worried about unemployment than inflation, and then the …

Wall St futures choppy as investors digest Fed’s rate cut view
Trending News
2 weeks, 2 days ago

Wall St futures choppy as investors digest Fed’s rate cut view

Live Mint  

* Qualcomm up after win against Arm in chips trial * Lilly gains after weight-loss drug approved for sleep apnea * Futures: Dow down 0.27%, S&P 500 off 0.06%, Nasdaq up 0.16% By Medha Singh and Purvi Agarwal Dec 23 - U.S. stock index futures were subdued on Monday after a last-minute government funding bill averted a shutdown and investors …

Wall Street heads for upbeat open as investors cheer US inflation data
Trending News
2 weeks, 2 days ago

Wall Street heads for upbeat open as investors cheer US inflation data

Live Mint  

* Dollar gains, S&P futures up 0.1% * Futures imply two Fed rate cuts in 2025 * Dollar remains strong on high bond yields By Amanda Cooper LONDON, Dec 23 - U.S. stock futures rose on Monday, pointing to an upbeat start on Wall Street following a U.S. inflation reading last week that offered some hope for further policy easing …

Wall Street week ahead: After Fed’s hawkish stance, investors to look for Santa Claus rally
2 weeks, 3 days ago

Wall Street week ahead: After Fed’s hawkish stance, investors to look for Santa Claus rally

Live Mint  

After the hawkish stance of the US Federal Reserve last week, investors on Wall Street in the holiday-shortened week ahead will face a largely uneventful economic calendar. The threat of higher inflation was one of the reasons Fed Chair Jerome Powell gave last week when the central bank hinted it may deliver fewer rate cuts in 2025 than it earlier …

Wall Street Holidays next week: NYSE, Nasdaq to remain closed on THESE days
Trending News
2 weeks, 3 days ago

Wall Street Holidays next week: NYSE, Nasdaq to remain closed on THESE days

Live Mint  

Wall Street Holiday: The stock market in the United States is poised to close early on Tuesday, December 24, and closed on Wednesday, December 25, on account of the Christmas holiday, according to the official holiday list on the NYSE and Nasdaq website. US Stocks Weekly Update On Friday, December 20, Wall Street closed higher as the US stocks rallied …

Wall Street stocks rally at end of choppy week for global markets
2 weeks, 5 days ago

Wall Street stocks rally at end of choppy week for global markets

The Independent  

For free real time breaking news alerts sent straight to your inbox sign up to our breaking news emails Sign up to our free breaking news emails Sign up to our free breaking news emails SIGN UP I would like to be emailed about offers, events and updates from The Independent. Read our privacy policy Top equity markets in the …

Markets decline in early trade amid unabated foreign fund outflows
Trending News
2 weeks, 6 days ago

Markets decline in early trade amid unabated foreign fund outflows

The Hindu  

Equity benchmark indices Sensex and Nifty declined in early trade on Friday amid unabated foreign fund outflows and concerns over the US Federal Reserve signalling fewer rate cuts next year. The 30-share BSE benchmark Sensex declined 214.08 points to 79,003.97 in early trade. “The FII buying witnessed in early December is getting reversed now with this week’s selling reaching ₹12,229 …

Wall Street rises to turn a dismal week into just a bad one
2 weeks, 6 days ago

Wall Street rises to turn a dismal week into just a bad one

Associated Press  

NEW YORK — U.S. stocks rose Friday to turn what would have been one of the market’s worst weeks of the year into just a pretty bad one. The threat of higher inflation was one of the reasons Fed Chair Jerome Powell gave this week when the central bank hinted it may deliver fewer cuts to interest rates next year …

Fed lowers rates but sees fewer cuts ahead
Top News
2 weeks, 6 days ago

Fed lowers rates but sees fewer cuts ahead

China Daily  

US Federal Reserve Chair Jerome Powell departs after speaking at a press conference where he announced the Fed had cut interest rates by a quarter point following a two-day meeting of the Federal Open Market Committee on interest rate policy in Washington, US, December 18, 2024. WASHINGTON — The US Federal Reserve on Wednesday slashed interest rates by 25 basis …

Fed lowers rates but sees fewer cuts ahead
Trending News
2 weeks, 6 days ago

Fed lowers rates but sees fewer cuts ahead

China Daily  

WASHINGTON — The US Federal Reserve on Wednesday slashed interest rates by 25 basis points, the third consecutive rate cut in this easing cycle, while signaling a slower-than-expected pace of easing next year. US stocks plunged following the rate cuts, with the Dow Jones Industrial Average falling 2.58 percent, the S&P 500 sinking 2.95 percent and the Nasdaq dropping 3.56 …

How major US stock indexes fared Thursday, 12/19/2024
2 weeks, 6 days ago

How major US stock indexes fared Thursday, 12/19/2024

Associated Press  

An early rebound for U.S. stocks petered out by the end of the day, leaving indexes close to flat. The S&P 500 edged down by 0.1% Thursday, coming off one of its worst days of the year after the Federal Reserve said it may deliver fewer cuts to interest rates in 2025 than earlier thought. The Dow Jones Industrial Average …

London markets plunge after Fed decision hammers Wall Street
2 weeks, 6 days ago

London markets plunge after Fed decision hammers Wall Street

The Independent  

For free real time breaking news alerts sent straight to your inbox sign up to our breaking news emails Sign up to our free breaking news emails Sign up to our free breaking news emails SIGN UP I would like to be emailed about offers, events and updates from The Independent. Read our privacy policy The FTSE 100 tumbled on …

Indian shares decline as Fed’s hawkish outlook spooks investors
2 weeks, 6 days ago

Indian shares decline as Fed’s hawkish outlook spooks investors

Live Mint  

By Hritam Mukherjee and Kashish Tandon Dec 19 - Indian shares fell on Thursday after the Federal Reserve forecast fewer interest rate cuts in 2025, souring risk appetite and raising concerns of further outflows, particularly from foreign investors. U.S. rate cuts tend to help emerging markets such as India, as they can boost foreign inflows. The Fed's hawkish outlook has …

Stock Market Today: Sensex, Nifty slump in early trade as U.S. Fed indicates fewer rate cuts next year
3 weeks ago

Stock Market Today: Sensex, Nifty slump in early trade as U.S. Fed indicates fewer rate cuts next year

The Hindu  

Benchmark indices Sensex and Nifty slumped in early trade on Thursday following weak global market trends after the U.S. Federal Reserve indicated fewer rate cuts next year. This trigger was provided by the Fed guidance of fewer rate cuts in 2025, which went against market expectations. Even though the rate cut of 25 bps was in tune with the market’s …

Stock market today: Wall Street ends little changed after giving up a big morning gain
3 weeks ago

Stock market today: Wall Street ends little changed after giving up a big morning gain

Associated Press  

NEW YORK — An early rebound for U.S. stocks on Thursday petered out by the end of the day, leaving indexes close to flat. The S&P 500 edged down by 0.1% following Wednesday’s tumble of 2.9% when the Federal Reserve said it may deliver fewer cuts to interest rates next year than earlier thought. The computer memory company’s revenue fell …

Stock market crash today: Sensex down by 1,010 points after US Fed rate cut decision
3 weeks ago

Stock market crash today: Sensex down by 1,010 points after US Fed rate cut decision

Hindustan Times  

Stock market crash today: Equity benchmark indices Sensex and Nifty declined in early trade on Thursday. Check top losers The decline comes after the US Federal Reserve slashed its benchmark interest rate by or a quarter of a percentage point to 4.25-4.50 per cent. Market yesterday Stock market crash today: On Wednesday, the Sensex closed at 80,182.20 points, down 502.25 …

Wall Street witnesses a sharp fall after US federal reserve signals lower cuts in 2025
3 weeks ago

Wall Street witnesses a sharp fall after US federal reserve signals lower cuts in 2025

Firstpost  

Wall Street witnessed a major drop after the Federal Reserve announced final cuts before US President-elect Donald Trump comes to power. However, the American central bank warned that there will be fewer cuts in 2025 Wall Street witnessed a sharp fall after the US Federal Reserve cut interest rates but warned that there will be fewer rate cuts in 2025. …

Indian stock market: 8 key things that changed for market overnight - Gift Nifty, US Fed rate cut to Wall Street crash
3 weeks ago

Indian stock market: 8 key things that changed for market overnight - Gift Nifty, US Fed rate cut to Wall Street crash

Live Mint  

Indian stock market: The domestic equity benchmark indices, Sensex and Nifty 50, are expected to open lower on Thursday echoing a slump in global markets after the US Federal Reserve trimmed expectations for interest rate cuts next year. Gift Nifty Today Gift Nifty was trading around 23,935.00 level, a discount of nearly 320 points from the Nifty futures’ previous close, …

Wall Street ends little changed after giving up a big morning gain
3 weeks ago

Wall Street ends little changed after giving up a big morning gain

LA Times  

Specialist Anthony Matesic works on the floor of the New York Stock Exchange. The Standard & Poor’s 500 edged down 0.1% after Wednesday’s tumble of 2.9% when the Federal Reserve said it might deliver fewer cuts to interest rates next year than earlier thought. The computer memory company’s revenue fell short of Wall Street’s forecasts, and Chief Executive Sanjay Mehrotra …

US Fed cuts key interest rates by 0.25%: 3 key takeaways for stock markets
Top News
3 weeks ago

US Fed cuts key interest rates by 0.25%: 3 key takeaways for stock markets

India Today  

Stock markets are expected to open lower on Thursday, following a global market slump after the US Federal Reserve cut interest rates by 25 basis points. GLOBAL MARKET REACTIONS Wall Street reacted negatively to the Fed’s announcement, with all three major US indices—Dow Jones, S&P 500, and Nasdaq—posting their biggest single-day losses in months. Gift Nifty, an indicator for the …

US stocks tumble as Federal Reserve eyes fewer 2025 rate cuts, Dow falls 2.6%
3 weeks ago

US stocks tumble as Federal Reserve eyes fewer 2025 rate cuts, Dow falls 2.6%

Hindustan Times  

Wall Street stocks tumbled Wednesday after the Federal Reserve lowered interest rates but also slashed the number of 2025 rate cuts in its forecast. All three major indices finished firmly lower after the Fed projected just two interest rate cuts next year, down from four. Although stocks often enjoy a late-year bounce referred to as the "Santa Claus rally," Stovall …

Markets tank as Fed slashes rate despite inflation fears: Longest losing streak since 1974
3 weeks ago

Markets tank as Fed slashes rate despite inflation fears: Longest losing streak since 1974

Daily Mail  

The U.S. Federal Reserve cut interest rates again on Wednesday but signaled it will slow the pace of cuts next year, sending stocks tumbling. 'Economic activity has continued to expand at a solid pace' with an unemployment rate that 'remains low' and inflation that 'remains somewhat elevated,' the central bank's rate-setting committee said on Wednesday. The Dow also fell more …

Wall Street today: US stocks edge higher in anticipation of Fed rate cut, Nvidia rallies
3 weeks ago

Wall Street today: US stocks edge higher in anticipation of Fed rate cut, Nvidia rallies

Live Mint  

US stock indices rose on Wednesday in anticipation of interest rate cut by the Federal Reserve, that is due to announce its final policy decision of this year later in the day. At 12:00 pm ET, the Dow Jones Industrial Average rose 160.68 points, or 0.37 per cent, to 43,610.58, the S&P 500 gained 12.56 points, or 0.21 per cent, …

Markets decline in early trade amid foreign fund outflows; all eyes on U.S. Fed interest rate decision
3 weeks, 1 day ago

Markets decline in early trade amid foreign fund outflows; all eyes on U.S. Fed interest rate decision

The Hindu  

Benchmark indices Sensex and Nifty declined in initial trade on Wednesday amid foreign fund outflows and caution ahead of the U.S. Fed interest rate decision. The 30-share BSE benchmark Sensex went down by 149.31 points to 80,535.14 in early trade. Foreign Institutional Investors offloaded equities worth Rs 6,409.86 crore on Tuesday, according to exchange data. Falling for the second day …

US stocks fall sharply and Dow tumbles 1,100 points after the Fed hints at just 2 rate cuts for 2025
3 weeks, 1 day ago

US stocks fall sharply and Dow tumbles 1,100 points after the Fed hints at just 2 rate cuts for 2025

Associated Press  

NEW YORK — U.S. stocks tumbled to one of their worst days of the year after the Federal Reserve hinted Wednesday it may deliver fewer shots of adrenaline for the U.S. economy in 2025 than earlier thought. The Fed said Wednesday it’s cutting its main interest rate for a third time this year, continuing the sharp turnaround begun in September …

U.S. stocks fall sharply and Dow loses 1,100 points after the Fed hints at just two rate cuts in 2025
3 weeks, 1 day ago

U.S. stocks fall sharply and Dow loses 1,100 points after the Fed hints at just two rate cuts in 2025

LA Times  

Specialist Meric Greenbaum listens on the floor of the New York Stock Exchange as the Federal Reserve’s rate decision is announced Wednesday. U.S. stocks tumbled to one of their worst days of the year after the Federal Reserve hinted Wednesday that it may deliver fewer shots of adrenaline for the U.S. economy in 2025 than earlier thought. The Fed said …

Fed lowers interest rates again but pares back plans for more cuts in the future
3 weeks, 1 day ago

Fed lowers interest rates again but pares back plans for more cuts in the future

LA Times  

Federal Reserve Chairman Jerome Powell has led the central bank’s battle to bring inflation down to 2%, but progress has stalled in recent months. Stocks plunged after the Fed announced its quarter-point rate reduction and updated projections, which halved the number of rate cuts for next year. And one Fed voting member, Beth M. Hammack, president of the Fed Bank …

How major US stock indexes fared Tuesday, 12/17/2024
3 weeks, 1 day ago

How major US stock indexes fared Tuesday, 12/17/2024

Associated Press  

U.S. stock indexes closed lower and gave back some of their stellar gains for the year. The S&P 500 fell 0.4% Tuesday, though it’s still near its all-time high set earlier this month. The Dow Jones Industrial Average fell 0.6%, and the Nasdaq composite fell 0.3% from its record set the day before. The Dow Jones Industrial Average fell 267.58 …

Wall Street: US stocks slip after strong retail sales data, Nvidia dips 3.5%, Pfizer jumps 4% — Why markets are falling
3 weeks, 1 day ago

Wall Street: US stocks slip after strong retail sales data, Nvidia dips 3.5%, Pfizer jumps 4% — Why markets are falling

Live Mint  

US stocks slipped on Tuesday, as investors become cautious ahead of the Federal Reserve's interest rate decision following strong retail sales data. At 9:41 am ET, the Dow Jones Industrial Average fell 231.55 points, or 0.53 per cent, to 43,487.22, the S&P 500 lost 28.68 points, or 0.47 per cent, to 6,045.40 and the Nasdaq Composite lost 97.40 points, or …

Markets slump over 1% amid widespread selloff; Sensex sinks below 81k
3 weeks, 1 day ago

Markets slump over 1% amid widespread selloff; Sensex sinks below 81k

The Hindu  

Equity benchmark indices Sensex and Nifty slumped over 1% on Tuesday, weighed down by an across-the-board selloff amid cautious investors’ approach ahead of the U.S. Fed interest rate decision. Falling for the second day in a row, the 30-share BSE benchmark Sensex tanked 1,064.12 points or 1.30% to settle at 80,684.45. Bharti Airtel, IndusInd Bank, JSW Steel, Tata Consultancy Services, …

Stock market today: Wall Street trims its stellar gains as Nvidia’s star dims again
3 weeks, 2 days ago

Stock market today: Wall Street trims its stellar gains as Nvidia’s star dims again

Associated Press  

NEW YORK — U.S. stock indexes pulled back on Tuesday to trim some of their stellar gains for the year. Nvidia, the superstar stock that’s been a big reason for Wall Street’s run to repeated records this year, fell 1.2% to weigh on the market. Like the overall U.S. market, Nvidia’s stock had climbed so much that critics warned expectations …

US stocks end higher ahead of Fed, bitcoin surges
3 weeks, 2 days ago

US stocks end higher ahead of Fed, bitcoin surges

Live Mint  

By Stephen Culp NEW YORK - Megacap tech shares muscled the S&P 500 and the Nasdaq to higher closes on Monday as U.S. Treasury yields paused and investors readied for a busy central bank week. Investors will scrutinize the Fed's Summary of Economic Projections and its "dot plot," which maps out the central bank's future rate cut path, which has …

How major US stock indexes fared Monday, 12/16/2024
3 weeks, 2 days ago

How major US stock indexes fared Monday, 12/16/2024

Associated Press  

U.S. stock indexes drifted through mixed trading ahead of a meeting by the Federal Reserve later this week that could set Wall Street’s direction into next year. The Dow Jones Industrial Average slipped 0.3%, and the Nasdaq composite rose 1.2% to a record. Bitcoin hit a record above $107,000 before pulling back, while Treasury yields held relatively steady in the …

Indian equity benchmarks slip as Fed rate trajectory worries hit IT stocks
3 weeks, 2 days ago

Indian equity benchmarks slip as Fed rate trajectory worries hit IT stocks

Live Mint  

By Hritam Mukherjee and Kashish Tandon Dec 16 - India's benchmark equity indexes fell on Monday, as uncertainty about the U.S. interest rate trajectory beyond the reduction expected this week weighed on IT companies, while metal stocks fell after underwhelming economic data from top consumer China. Indian IT firms, which earn a bulk of their revenue from the U.S., fell …

Stock market today: Nasdaq hits a record as Wall Street drifts ahead of Federal Reserve’s meeting
3 weeks, 3 days ago

Stock market today: Nasdaq hits a record as Wall Street drifts ahead of Federal Reserve’s meeting

Associated Press  

NEW YORK — U.S. stock indexes drifted amid mixed trading Monday, ahead of this week’s upcoming meeting by the Federal Reserve that could set Wall Street’s direction into next year. Broadcom leaped 11.2% to help lead the S&P 500 for a second straight day after delivering a profit report last week that beat analysts’ expectations. The market’s main event, though, …

US Fed to play ‘cut-and-pause’ for meeting dual mandate of growth & inflation; Fewer rate cuts eyed in 2025: Experts
3 weeks, 4 days ago

US Fed to play ‘cut-and-pause’ for meeting dual mandate of growth & inflation; Fewer rate cuts eyed in 2025: Experts

Live Mint  

The US Federal Reserve will begin its deliberations for the latest monetary policy decisions on Tuesday, December 17, and will announce its new benchmark interest rate decision on December 18. The US central bank will conduct its two-day Federal Open Market Committee meeting amid Wall Street bets that will likely stay on course towards delivering another rate cut even after …

Global stock index falls, bond yields rise ahead of rate decisions
3 weeks, 5 days ago

Global stock index falls, bond yields rise ahead of rate decisions

Live Mint  

* Wall Street stocks end close to flat, Europe ends down * Oil prices settle higher, * Dollar rises against yen, falls against the Euro By Sinéad Carew and Harry Robertson NEW YORK/LONDON Dec 13 - MSCI's global equity gauge fell on Friday while bond yields climbed as investors waited for clues about the future path for interest rates from …

Bond Market Has Worst Week in Months With Less Fed Action Seen
3 weeks, 5 days ago

Bond Market Has Worst Week in Months With Less Fed Action Seen

Live Mint  

An orderly selloff in the US government bond market continued for a fifth straight day, with the 30-year bond’s yield posting its biggest weekly increase of the year. Inflation, if anything, is bending up.” The extra yield offered by long- versus short-maturity yields “is not enough at this point of time.” Next week’s Fed meeting includes an updated summary of …

Stock market today: Asian shares retreat, tracking Wall St decline as price data disappoints
3 weeks, 6 days ago

Stock market today: Asian shares retreat, tracking Wall St decline as price data disappoints

Associated Press  

HONG KONG — Asian shares fell on Friday, tracking Wall Street’s decline in response to potentially discouraging data on the economy. The European Central Bank cut rates by a quarter of a percentage point on Thursday, as many investors expected, and the Swiss National Bank cut its policy rate by a steeper half of a percentage point. Following its decision, …

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