The S&P 500 set a new record high of 6,890.89 on 28 October, following a new trade truce between the US and China over the weekend and big deals and earnings among AI companies on Tuesday.
Powell also acknowledged there was division within the Fed over whether to cut or to pause, with two members of its policy committee dissenting, though one wanted a bigger cut and the other no cut at ...
The Federal Reserve cut interest rates for the second time this year, but Chair Jerome Powell signaled a December cut isn't ...
Treasuries ended their longest winning streak since March after Federal Reserve Chair Jerome Powell said an interest-rate cut in December is “far from” a done deal, leaving traders to focus on this ...
Bitcoin lags despite US-China truce. Powell’s hint of a December rate pause fuels uncertainty. Focus shifts to jobs data and ...
Bitcoin falls as doubts over whether the Federal Reserve will cut interest rates in December curb demand for risky assets. Last Wednesday Fed Chair Jerome Powell said a December rate reduction was not ...
Treasury yields declined, with focus on speeches by Fed officials this week following last week’s cautious tone from Chair Jerome Powell.
Gold held steady on Monday, kept in check by a stronger dollar as investors dialed back bets for further Federal Reserve rate cuts following Chair Jerome Powell's hawkish remarks last week, while ...
U.S. futures were mixed and global markets started the new month higher. Oil rose after OPEC and its allies agreed Sunday to boost production next month but said they won't make any further increases ...
The FTSE 100 (^FTSE) and European indices were higher by lunchtime in London, as traders continue to look to the upcoming ...
The Indian rupee faces renewed pressure on Monday following a fresh rally in the dollar, though expectations of central bank support are seen keeping the currency from slipping to a record low at open ...
With deficits growing in the U.S., and little appetite from either political party to dial things back, long-dated Treasury yields will see less relief from Fed cuts than short-term rates.