Markets today: Wall Street traders brace for Fed's hawkish hold bnnbloomberg.ca - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from bnnbloomberg.ca Daily Mail and Mail on Sunday newspapers.
Estée Lauder Cos. (EL) Q3 Earnings 2024: Revenue Rose 5 Percent wwd.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from wwd.com Daily Mail and Mail on Sunday newspapers.
(Bloomberg) — Bonds climbed after the Federal Reserve decision was not as hawkish as feared by Wall Street, with Jerome Powell saying it’s unlikely the next move will be a rate hike. Treasuries also gained as the Fed agreed to slow the reduction in its bond portfolio. US two-year yields dropped below 5% as swap…
(Bloomberg) — Stocks extended this week’s losses after weaker-than-estimated economic data, with traders expecting the Federal Reserve to signal their rate-cut plan remains on hold. Equities edged lower after data showed US factory activity contracted while input prices rose at the fastest pace since 2022. Separately, job openings figures signaled more softening in the…
Markets today: U.S. stocks and bonds climb as Powell downplays hikes bnnbloomberg.ca - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from bnnbloomberg.ca Daily Mail and Mail on Sunday newspapers.