Today: September 21, 2024
Today: September 21, 2024

Stock Markets

Business|Economy|Finance|Stock Markets

Wealthy families getting more bullish on risk assets, Citi survey shows

Wealthy families are seeking out risky assets and reducing cash holdings as they turn more bullish about the investment outlook, according to a Citigroup survey

Wealthy families getting more bullish on risk assets, Citi survey shows
Business|Economy|Finance|News|Stock Markets

US SEC to allow exchanges to quote sub-penny prices in bid to boost competition

Wall Street's top regulator on Wednesday is set to adopt new rules for pricing stocks at less than a penny, part of a larger package of proposed reforms that could

US SEC to allow exchanges to quote sub-penny prices in bid to boost competition
Business|Economy|Finance|News|Stock Markets

What does a Fed rate cut mean for American households?

The Federal Reserve cut U.S. short-term borrowing costs on Wednesday by a bigger-than-usual half percentage point, a watershed moment that should start to

What does a Fed rate cut mean for American households?
Business|Economy|Finance|Stock Markets

Equities close slightly lower, trade choppy after Fed rate cut

U.S. stocks closed with modest losses on Wednesday, well off their intraday highs, after the Federal Reserve cut interest rates by 50 basis points, the high

Equities close slightly lower, trade choppy after Fed rate cut
Asia|Business|Finance|Stock Markets|Technology

China chip stocks surge on government equipment list

Shares in several Chinese companies linked to the semiconductor industry surged on Wednesday, driven by investor excitement over a government list that some interpret as signaling

China chip stocks surge on government equipment list
Business|Economy|Europe|Finance|News|Stock Markets

European shares end lower with Fed's big rate verdict in focus

European shares closed lower on Wednesday, as investors refrained from risk-taking ahead of an all-important interest rate decision by the U.S.

European shares end lower with Fed's big rate verdict in focus
Business|Economy|Europe|Finance|Stock Markets

London stocks drop after inflation data, focus shifts to Fed

British stock indexes dropped on Wednesday as investors reined in bets on interest rate cuts by the Bank of England, while global risk sentiment

London stocks drop after inflation data, focus shifts to Fed
Business|Economy|Finance|Stock Markets

BoE quantitative tightening goal entangled in 'fiscal jiggery-pokery': Mike Dolan

The Bank of England may sit out this month's interest rate cutting bonanza, but Thursday's meeting will still be meaningful, as it will throw a spotlight on the BoE's

BoE quantitative tightening goal entangled in 'fiscal jiggery-pokery': Mike Dolan
Asia|Economy|Finance|Stock Markets

Wall Street droops, dollar edges back after bumper Fed cut

Major stock indexes closed with modest losses and the dollar gained ground in choppy trading on Wednesday after the U.S.

Wall Street droops, dollar edges back after bumper Fed cut
Asia|Business|Economy|Finance|News|Stock Markets

Stock market today: Most of Wall Street edges lower after Fed delivers a big cut to rates

Most of the U.S. stock market edged lower after the Federal Reserve kicked off its efforts to prevent a recession with a bigger-than-usual cut to interest rates

Stock market today: Most of Wall Street edges lower after Fed delivers a big cut to rates
Americas|Business|Celebrity|Finance|Stock Markets

Trump's media stock falls before insider trading restrictions lift

Shares of Donald Trump's media company fell for a second session on Tuesday ahead of the end of restrictions on share sales by the former U.S. president and other

Trump's media stock falls before insider trading restrictions lift
Business|Finance|Stock Markets

S&P 500 on track for first record close since July

The S&P 500 rose to an all-time intraday high on Tuesday and was on track for a record close, lifted by investor confidence that the Federal Reserve is set to begin cutting interest rates,

S&P 500 on track for first record close since July
Business|Finance|Health|Stock Markets

Philip Morris to sell Vectura for $198 million after health shift criticism

Philip Morris International's Vectura Fertin Pharma said on Tuesday it would sell its asthma inhaler maker Vectura Group to Molex Asia Holdings for 150 million pounds ($198 million).

Philip Morris to sell Vectura for $198 million after health shift criticism
Business|Economy|Finance|Stock Markets

Fed to go big on first rate cut, traders bet

Traders on Tuesday kept bets the Federal Reserve will start an expected series of interest rate cuts with a half-percentage-point move downward on Wednesday, an expectation

Fed to go big on first rate cut, traders bet
Business|Economy|Finance|News|Stock Markets

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

S&P 500 ends little changed as early gains fade before Fed decision
Business|Finance|Stock Markets

FTSE 100 hits two-week high, Kingfisher surges

The FTSE 100 rose to a two-week high on Tuesday, lifted by a rise in retailer and personal goods shares, while investors prepared for central bank

FTSE 100 hits two-week high, Kingfisher surges
Business|Finance|Stock Markets

Flutter bets on Italian gambling market with $2.6 billion Snaitech deal

Flutter said on Tuesday it would buy Italy's Snaitech for 2.3 billion euros ($2.6 billion) including debt from gambling technology group Playtech,

Flutter bets on Italian gambling market with $2.6 billion Snaitech deal
Asia|Business|Europe|Finance|Stock Markets

Yen's big week begins

A look at the day ahead in European and global markets from Tom Westbrook Tokyo traders returned on Tuesday from a three-day holiday weekend, showing little inclination to repeat the yen's low-

Yen's big week begins
Asia|Business|Finance|Stock Markets

Midea's strong Hong Kong debut after $4 billion listing boosts outlook

Midea Group rose as much as 9.5% on its Hong Kong trading debut after the Chinese home appliances maker raised nearly $4 billion in the city's largest

Midea's strong Hong Kong debut after $4 billion listing boosts outlook
Finance|Stock Markets

Argentina markets cheer Milei's 'ambitious' zero deficit budget

Argentina's sovereign bonds and stock index climbed in early trading on Monday, as investors cheered an ambitious 2025 budget plan from libertarian President Javier Milei, that

Argentina markets cheer Milei's 'ambitious' zero deficit budget
Economy|Finance|Stock Markets

Foreigners pour $31 billion into EM portfolios in August, with Fed in sight -IIF

Foreign investors ploughed a net $30.9 billion into emerging market stocks and debt portfolios in August as markets continue to position for an imminent rate cut from the

Foreigners pour $31 billion into EM portfolios in August, with Fed in sight -IIF
Business|Economy|Finance|Stock Markets

S&P inches up, Nasdaq declines as tech weighs ahead of Fed decision

The S&P 500 eked out a slight gain in a subdued session while the Nasdaq fell on Monday, weighed down by a drop in technology stocks as investors assessed the

S&P inches up, Nasdaq declines as tech weighs ahead of Fed decision
Asia|Business|Finance|Stock Markets

Stock market today: Asian shares are mixed as Wall Street gears up for an interest rate cut

Shares are mixed in Asia after the Dow Jones Industrial Average set a record as Wall Street gears up for Federal Reserve's most anticipated meeting in years

Stock market today: Asian shares are mixed as Wall Street gears up for an interest rate cut
Finance|Stock Markets

Irrational exuberance? Funds' yen longs hit 8-year high: McGeever

Hedge funds are their most bullish on the Japanese yen in eight years, but as their 'long' positions grow and the currency strengthens, yen volatility is

Irrational exuberance? Funds' yen longs hit 8-year high: McGeever
Asia|Business|Finance|Stock Markets

Tech stocks drag, dollar plumbs lows on rate cut expectations

Tech stocks dragged on U.S. indexes and the dollar touched a more than one-year low against the yen on Monday as all eyes looked to a Federal Reserve meeting later

Tech stocks drag, dollar plumbs lows on rate cut expectations

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