Stockbrokers sell the news after Fed makes big move: Markets Wrap
(Bloomberg) — A rally that had briefly pushed stocks to all-time highs hit a wall when the Federal Reserve signaled it was in no hurry to ease monetary policy after cutting interest rates by half a percentage point. Most read…
US 30-year mortgage rates fall to two-year low of 6.15%
By Ann Saphir (Reuters) – The interest rate on the most popular home loan in the United States fell to its lowest in two years last week, amid expectations that the Federal Reserve will begin cutting interest rates on Wednesday,…
US 30-year mortgage rates fall to two-year low of 6.15%
By Ann Saphir (Reuters) – The interest rate on the most popular home loan in the United States fell to its lowest in two years last week, amid expectations that the Federal Reserve will begin cutting interest rates on Wednesday,…
S&P 500 falls as fears mount ahead of jobs crisis: Markets Wrap
(Bloomberg) — Stocks have given up earlier gains as Wall Street becomes nervous in the countdown to the highly anticipated U.S. jobs report. Most read by Bloomberg The S&P 500 fell for the third day in a row, despite a…
Stock prices come under pressure while bonds rise – focus on economy: Markets Wrap
(Bloomberg) — Stock markets took a hit at the start of a historically difficult month for the market as traders braced for a deluge of data that could shed light on the health of the world’s largest economy. Most read…
Asian stocks rise as investors anticipate rate cuts: Markets Wrap
(Bloomberg) — Asian stocks rose in the third session and the yen strengthened to a three-week high as the prospect of impending interest rate cuts from the U.S. Federal Reserve boosted sentiment. Most read by Bloomberg Share prices in Australia…
Stocks close lower as markets prepare for Powell’s Jackson Hole speech
Chairman of the US Federal Reserve, Jerome Powell.Kent Nishimura/Getty Images Indices fell on Thursday as investors in Jackson Hole await comments from Fed Chairman Jerome Powell. Investors are eagerly awaiting indications of how drastic the cuts will be over the…
Stocks rise on average jobless claims: Market overview
(Bloomberg) — Stocks rose after the latest unemployment data showed that the labor market is cooling gradually rather than slowing rapidly due to the Federal Reserve’s increased interest rates. Most read by Bloomberg Ahead of Jerome Powell’s speech in Jackson…
Asian stocks fall as US rally takes a breather: Markets Wrap
(Bloomberg) — Stocks in Asia fell after a rally on Wall Street stalled within striking distance of its all-time highs. Most read by Bloomberg Shares fell in Japan, Australia and South Korea after the U.S. index edged lower following an…
Stocks rise as data shows US economy holding up: Markets Wrap
(Bloomberg) — Stocks rose and bond prices tumbled as data on retail sales and the jobs market underscored the strength of the world’s largest economy and eased fears that the Federal Reserve might risk a deeper economic slowdown. Most read…
