The Fed cut interest rates by a half a percentage point last month and investors see another smaller move in November as the ...
Traders were pricing in a roughly 87% chance of a 25-basis-point rate cut at the Fed's next decision day on Nov. 7, with the odds of no change hovering near 13%, according to the CME's FedWatch tool ...
In corporate news, Seven & I Holdings gained over +4% after Bloomberg reported that Canada’s Alimentation Couche-Tard had sweetened its offer for the company to 7 trillion yen ($47.2 billion).
Kugler repeated that she “strongly supported” the FOMC’s decision last month to cut its benchmark lending rate by a half percentage point. Fed Chair Jerome Powell said the outsize cut was meant to ...
A US central bank official said Tuesday she would support further interest rate cuts if inflation continues cooling, adding she is also eyeing effects from Hurricane Helene and unrest in the Middle ...
However, she stressed that any policy decisions would remain data-dependent, considering various economic indicators and ...
The bet on China's economic stimulus hit a big stumbling block on Tuesday after authorities held a press conference without announcing any big new measures. Whether China bulls like David Tepper - who ...
Despite a small bounce in U.S. stock futures on Tuesday, perhaps the most revealing reflection of markets this week has been ...
All three major indexes closed down around 1% on Monday, as a jump in Treasury yields, concerns about the impact of rising ...
(Reuters) -U.S. stock index futures pointed to a higher open on Tuesday, as investors turned their focus to the start of the ...
The Dow Jones Industrial Average rose 11.06 points, or 0.03%, to 41,965.30, the S&P 500 gained 21.50 points, or 0.38%, to ...