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S&P 500 nears record close as Fed cuts rates, Russell notches new high
The Federal Reserve delivered another widely expected rate cut, trimming the federal funds target range to 3.50%–3.75% in a 9-3 vote
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The FTSE 100 live blog, the small-cap market report and the US markets wrap, newest first.
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The Federal Reserve delivered another widely expected rate cut, trimming the federal funds target range to 3.50%–3.75% in a 9-3 vote
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The Federal Reserve meeting, which starts today and finishes tomorrow, is dominating the thoughts of investors and analysts
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The Fed meeting is the central focus of the week, with an interest cut anticipated but a unanimous decision not expected
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The entertainment world is making headlines as Netflix announced plans to acquire Warner Bros Discovery’s studio and streaming assets
The mood is being shaped by growing conviction that the Federal Reserve is about to pivot toward easing at next week’s policy meeting
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The broader market mood remains unusually calm for December
Investors are still digesting a drip-feed of delayed government data that could shape expectations for a potential December rate cut
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US stocks are under pressure and crypto sliding again after last week’s upbeat finish