RATE CUTS
Fed rate cuts triumph over Trump¡¯s economic policies: A defining market battle
The Federal Reserve's rate cuts are poised to shape the U.S. and global economies, potentially overshadowing the impact of Donald Trump's economic policies. Despite short-term market fluctuations, the Fed's focus on stability and addressing fiscal challenges is expected to have a more lasting influence on markets, including the USD/INR, EUR/USD, and GBP/USD.
S&P 500, Dow touch over one-week highs after business activity data
The S&P 500 and Dow Jones Industrial Average reached one-week highs on Friday, driven by positive economic data indicating a robust economy. Small-cap stocks outperformed large-cap indexes, while the Nasdaq Composite saw a slight decline. The gains were tempered by concerns over Alphabet's potential monopoly in online search and geopolitical tensions between Ukraine and Russia.
Fed governors stake out competing views of inflation risk
Federal Reserve Governors Michelle Bowman and Lisa Cook expressed differing views on future monetary policy. While Bowman urged caution due to persistent inflation, Cook expressed confidence in continued easing of price pressures. Their perspectives highlight the factors influencing the Fed's decision on a potential interest rate cut at its December meeting.
US stocks mixed with Nvidia earnings, Fed policy in focus
Wall Street experienced mixed trading as investors awaited Nvidia's earnings report, a key indicator for the AI sector's momentum. Positive news about potential easing of regulations on self-driving cars boosted Tesla's stock, while concerns about the Federal Reserve's policy direction and Trump's cabinet appointments continued to weigh on the market.
Market Wrap: IT stocks drag down Sensex, Nifty on Powell's rate comments
Indian stock markets closed lower on Monday, dragged down by IT stocks after Federal Reserve Chair Jerome Powell hinted at delayed interest rate cuts due to strong U.S. economic growth. The Sensex fell 241 points, while the Nifty slid 79 points. Tech companies like TCS and Infosys were among the top losers.
LTIMindtree, Wipro, and other IT stocks crack up to 5% amid Powell's indication of slower rate cuts
IT stocks came under pressure on Monday after US Federal Chair Jerome Powell¡¯s comments suggesting a slowdown in interest rate cuts. Powell highlighted persistent inflation and a strong economy, allowing the Fed to approach decisions cautiously. Indian IT stocks, sensitive to US market moves, saw declines of up to 5%, with major companies like LTIMindtree and Wipro hit hardest.
Asian stocks weaken as Fed policy doubts simmer
Japanese and Australian shares fell. South Korea¡¯s benchmark bucked the trend, led by Samsung Electronics Co.¡¯s rally after it announced a stock buyback plan. US futures gained, after the S&P 500 slid 1.3% on Friday to erase more than half of its gains following the US election.
Global stocks drop as Fed signals slower pace of rate cuts
Global stocks were on track for their biggest weekly decline in two months as investors adjusted to the possibility of a slower pace of interest-rate cuts by the Federal Reserve. Stronger-than-expected economic data and hawkish comments from Fed officials, including Chair Jerome Powell, contributed to the market's recalibration.
Wall St indexes end lower after Powell erodes hopes for December rate cut
US stock market indices closed lower. Federal Reserve Chair Jerome Powell reduced hopes of interest rate cut. Traders bet on a small rate reduction in December. Producer price index rose. Jobless claims dropped. Some companies and sectors performed well despite the overall market dip.
US stocks struggle for direction after in-line monthly producer prices
Wall Street's main indexes edged higher at the open on Thursday after a broadly in line reading of producer prices data, with investors awaiting Federal Reserve Chair Jerome Powell's comments later in the day for clues on the outlook for interest rates.
Asia shares wobble on China angst; long-end US bond yields rise with dollar
Bitcoin steadied above $90,000 after having surpassed that level in the previous session, turbocharged by Donald Trump's return to the White House and the view that his administration will be a boon for cryptocurrencies.
Wall Street ends mixed while inflation data keeps Fed rate-cut hopes intact
U.S. stocks saw mixed results on Wednesday as October's consumer price index met expectations, bolstering predictions of a December interest rate cut by the Federal Reserve. The CPI's 0.2% rise, aligning with forecasts, pushed trader bets for a rate cut above 80%.
GIFT Nifty down 65 points; here's the trading setup for today's session
FIIs have been selling equities for the last 29 consecutive days amounting to Rs 1.41 lakh crore denting investor sentiments. Analysts said markets are expected to remain sideways on the back of mixed global factors and subdued quarterly results. However there could be stock specific action on account of the last leg of Q2 earnings to be announced this week.
ECB's Holzmann hints at December rate cut possibility
The ECB has already lowered borrowing costs three times since June and is widely expected to do so again next month. Holzmann is one of the most hawkish officials and was the sole dissenter on the initial rate cut.
Hopes of deep Fed rate cuts fading. What it means for Sensex, Nifty
The US Federal Reserve cut interest rates by 0.25%, as anticipated, while keeping an eye on the potential effects of a Trump presidency. The move prompted a relief rally in bonds and a decline in the US dollar. Analysts predict that Trump's policies will likely increase inflation, potentially leading to a slower pace of rate cuts in the future.
US stocks close higher after Fed cuts interest rates
US stock market closed higher after the Federal Reserve cut interest rates. The rate cut followed Donald Trump's return as US president. Market reacted positively to Trump's policies. The Dow Jones Industrial Average remained flat. The S&P 500 and Nasdaq Composite gained. Communication services sector led the gains. Financials sector declined.
US Fed cuts key rate by a quarter point
The Federal Reserve lowered its key interest rate by a quarter-point in response to declining inflation. This follows a larger cut in September, signaling the Fed's focus on both job growth and inflation control. While inflation has fallen closer to the Fed's target, it remains slightly elevated.
Asian stocks, bonds rally as Federal Reserve cuts rates
Australian and Japanese shares advanced along with Hong Kong futures, while the Golden Dragon index of US-listed Chinese companies jumped 3.5%. The S&P 500 gained 0.7% and the Nasdaq 100 climbed 1.5%, both setting fresh peaks for a second day. An index of global equities also advanced to a record.
Fed cuts rates, notes labor market easing and solid economic growth
The Federal Reserve has reduced interest rates by a quarter percentage point, citing a cooling job market and progress in controlling inflation. Despite the positive economic indicators, the central bank acknowledges potential uncertainties tied to the recent presidential election.
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