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U.S. Stocks Close On Firm Note; Dow, S&P Post New Record Highs
U.S. stocks started off on a somewhat flat note on Wednesday, but gained in strength as the day progressed, as investors assessed the minutes of the Federal Reserve's most recent policy meeting, and looked ahead to the nation's consumer price and producer price inflation data for more clarity on interest-rate trajectory.
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vor 98 Tagen
U.S. Dollar Higher After Fed Minutes
The U.S. dollar was higher against its major counterparts in the New York session on Wednesday, after the minutes of the Federal Reserve's latest policy meeting showed a split among policymakers for lowering the policy rate by 50 basis points at the meeting.
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vor 98 Tagen
U.S. Stocks Extending Gains, Look Set To End Session On Firm Note
The major averages all remain firmly up in positive territory on Wall Street with just about an hour to go for the closing bell on Wednesday as investors continue to pick up stocks, digesting the minutes from the Federal Reserve's latest monetary policy meeting, and looking ahead to consumer price and producer price inflation data, due later in the week.
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vor 98 Tagen
Swiss Market Ends On Firm Note
After a weak start and a subsequent struggle for support Wednesday morning, the Switzerland market edged higher in late morning trade and kept moving up as the day progressed to finally end the session on a strong note.
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vor 98 Tagen
European Stocks Close Higher Ahead Of Fed Minutes
European stocks closed higher on Wednesday with traders building up some long positions ahead of the release of the minutes of the Federal Reserve's most recent policy meeting, and the crucial U.S. inflation data for further clarity on the Fed interest-rate trajectory. Also, investors looked ahead to the earnings season.
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vor 98 Tagen
Canadian Modestly Modestly Higher As Tech Stocks Rally
After opening weak and drifting down further subsequently, the Canadian market moved higher Wednesday morning, thanks to some brisk buying in the technology sector. The mood is cautious with investors awaiting the minutes of the Federal Reserve's most recent policy meeting later today, and U.S. inflation data due later in the week.
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vor 98 Tagen
U.S. Justice Department Weighs Breakup Of Google
The U.S. Department of Justice said it is considering behavioral and structural remedies for Google LLC, noting that its anticompetitive conduct resulted in interlocking and pernicious harms that present unprecedented complexities. The move indicates that the DOJ was considering a possible breakup of Google as an antitrust remedy, reports said.
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vor 98 Tagen
more news
Bay Street Likely To Open Slightly Weak
Canadian shares may open a bit weak on Wednesday, weighed down by lower metal prices and caution ahead of the release of the minutes from the Federal Reserve's most recent policy meeting.
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vor 98 Tagen
India Central Bank Policy Stance Shift To Neutral Opens Door For Rate Cuts
The Reserve Bank of India maintained its interest rate for the tenth straight meeting on Wednesday, and shifted its monetary policy stance to neutral, paving the way for the first interest rate cut in four years as inflation is expected to moderate. The RBI Monetary Policy Committee, led by Governor Shaktikanta Das, voted 5-1 to keep the policy repo rate unchanged at 6.50 percent.
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vor 98 Tagen
Elon Musk's X Returns To Brazil As Supreme Court Lifts Ban
Billionaire Elon Musk's social media platform X has been cleared by Brazil's Supreme Court to resume services in the South American country after it had complied with the given orders and paid the imposed fine. The platform, formerly known as Twitter, now has settled R$28.6 million or $5.2 million as fines, blocked profiles that disseminated false information...
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vor 98 Tagen
U.S. Dollar Rises Against Majors
The U.S. dollar strengthened against other major currencies in the European session on Wednesday.
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vor 98 Tagen
Sensex, Nifty Give Up Intra-day Gains
Indian shares gave up early gains to end on a flat note Wednesday as China's stimulus rally fizzled out, the conflict in the Middle East persisted and investors awaited Federal Reserve meeting minutes as well as U.S. inflation data for interest rate clues.
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vor 98 Tagen
European Shares Mixed As Investors Await Fed Minutes
European stocks were mixed on Wednesday ahead of the announcement of a government forecast that may show German GDP is set to contract in 2024.
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vor 98 Tagen
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