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S&P 500 posts record closing high, US dollar and yields decline in wake of Fed
Major stock indexes mostly rose on Thursday, with the Dow and S&P 500 posting record closing highs, while the dollar and U.S. bond yields extended declines from the day before, when the Federal Reserve cut interest rates but gave a less hawkish outlook than expected.Reuters
Fri, Dec 12
Dow, S&P 500 mark record closes; Oracle drags on the Nasdaq
Indexes: Dow rises 1.34%, S&P 500 adds 0.21%, Nasdaq falls 0.25%Oracle update drags down some tech, AI stocksValue outperforms growth, small outperforms largeBy Sinéad Carew and Johann M Cherian Dec 11 (Reuters) - The S&P 500 and the Dow boasted record closing highs on Thursday after a Fe...Reuters
Fri, Dec 12
Fed reappoints 11 regional bank presidents in unanimous vote
Dec 11 (Reuters) - The Federal Reserve on Thursday said 11 of its regional bank presidents had been reappointed to their positions with the unanimous agreement of the U.S. central bank's Board of Governors, wrapping up an ordinarily routine process that had come under heightened scrutiny amid pr...Reuters
Fri, Dec 12
Gold Price Forecast: XAU/USD climbs above $4,250 as Fed rate cut weakens US Dollar
Gold price (XAU/USD) rises to seven-week highs near $4,275 during the early Asian session on Friday. The precious metal extends its upside as the US Federal Reserve’s (Fed) quarter-point rate cut drags the US Dollar (USD) lower.
Fxstreet
Fri, Dec 12
METALS-Copper rises to record high on rate cut, tight ex-US stocks
By Polina Devitt LONDON, Dec 11 (Reuters) - Copper prices rose to an all-time high on Thursday after the U.S. Federal Reserve cut interest rates and the dollar fell, while continuing flows of copper into U.S. inventories led to worries about tighter supply in the rest of the world.Benchmark three...Reuters
Thu, Dec 11
Wall Street futures slide as Oracle's forecast revives AI bubble fears
Dec 11 (Reuters) - U.S. stock index futures tumbled on Thursday after Oracle's forecasts raised fresh concerns about hefty AI spending and outweighed optimism following a less hawkish tone from the Federal Reserve.Reuters
Thu, Dec 11
Investors say Elon Musk's SpaceX trading debut will be 'craziest IPO' ever
BOSTON/NEW YORK, Dec 11 (Reuters) - Investors welcomed reports that SpaceX was mulling a potential IPO that would help fund Elon Musk's Mars ambitions and value the rocket and satellite company at more than $1 trillion, as some have been waiting for years to buy into the company.Reuters
Thu, Dec 11
FTSE 100 subdued as gains from less hawkish Fed comments tempered by global caution
FTSE 100 up 0.1%; FTSE 250 flatHealthcare stocks lead gains, tech, utilities fall Entain dips after CFO replacement plans Grizzly Research short on Ceres Power, shares dip Dec 11 (Reuters) - London's FTSE 100 held steady on Thursday, as the U.S. Federal Reserve chairman's comments, sugges...Reuters
Thu, Dec 11
Gold eases after divided Fed rate cut vote; silver hits new high
Fed cut rates by 25 basis points on WednesdayNovember non-farm payrolls due next weekSilver hits record high at $62.88/ozBy Pablo Sinha Dec 11 (Reuters) - Gold edged lower on Thursday, as traders weighed the U.S. Federal Reserve's divided vote on a quarter-percentage-point interest rate cut,...
Oracle shares drop 12% in Europe after forecasts miss Wall St targets
Dec 11 (Reuters) - Shares in Oracle ORCL.N opened almost 12% lower in Frankfurt, tracking U.S. afterhour losses after the company forecast sales and profit that missed analyst estimates.Oracle said spending would rise by $15 billion compared with earlier estimates - a sign that big capital outlays t
Reuters
Thu, Dec 11
Gold slips after a divided Fed cuts rates; silver hits record high
Dec 11 (Reuters) - Gold eased on Thursday, pulling back from a near one-week high, after the U.S. Federal Reserve delivered a divided interest rate cut that left investors uncertain about the pace of easing next year, while silver notched another record high.Reuters
Thu, Dec 11
Japan markets face 'behind the curve' rate risk on faster inflation, BlackRock's Chiguchi says
TOKYO, Dec 11 (Reuters) - Japanese markets could be jolted next year if the central bank finds itself "behind the curve" in taming inflation, according to BlackRock BLK.N Japan’s chief investment strategist Yuichi Chiguchi.The Bank of Japan is widely exp...Reuters
Thu, Dec 11
US seizes sanctioned oil tanker off coast of Venezuela, Trump says
Move is first known tanker seizure since US build-up beganSignals new effort to go after Venezuela's main revenue sourceImpact on global oil supply unclearBy Idrees Ali, Phil Stewart, Steve Holland and Marianna Parraga WASHINGTON, Dec 10 (Reuters) - The U.S. has seized a sanctioned oil tanker...Reuters
Thu, Dec 11
Copper extends gains after Fed lowers rates
BEIJING, Dec 11 (Reuters) - Copper prices pared some earlier gains but still traded higher for a second straight session on Thursday, after the U.S. Federal Reserve cut interest rates.The most-traded copper contract on the Shanghai Futures Exchange SCFcv1 climbed 0.51% to 92,130 yuan ($13,046.43) peReuters
Thu, Dec 11
Many UK firms say volatile pound triggered losses in 2025, need to hedge grows
LONDON, Dec 11 (Reuters) - Nearly half of UK businesses surveyed by FX and cash management solutions provider MillTech say that they have lost money due to a volatile pound and plan to hedge more of their currency risk, and for longer, a report released on Thursday showed.The report ...Reuters
Thu, Dec 11
