LIVE MARKETS-Europe buoyed by Fed rate cut
Welcome to the home for real-time coverage of markets brought to you by Reuters reporters. You can share your thoughts with us at markets.research@thomsonreuters.com
EUROPE BUOYED BY FED RATE CUT
European shares are trading higher on Thursday after the Fed resumed its cutting cycle and signalled borrowing costs could fall further this year on signs the job market was worsening.
The pan-European STOXX 600 .STOXX is up 0.5%, supported by a rise in autos .SXAP and tech .SX8P stocks.
Breadth is slightly positive, with about 350 stocks higher and 230 trading lower.
The retail sector .SXRP lags, being dragged lower by Next NXT.L shares after the British company said it was cautious about trading for the second half of the year.
Following the Fed's rate cut, attention was set to turn to rate decisions in Europe from the BoE and Norges Bank.
The former is expected to keep rates steady, while Norway's central bank is seen lowering borrowing costs by a quarter point.
Here's your opening snapshot:
(Samuel Indyk)
*****
EARLIER ON LIVE MARKETS:
EUROPE BEFORE THE BELL: FUTURES HIGHER AFTER FED RATE CUT CLICK HERE
THERE ARE FED WEEKS WHERE DECADES HAPPEN CLICK HERE
US federal funds target rate https://www.reuters.com/graphics/AUTOMATED-20250918/US-INTEREST-RATE-10Y/egpbqwrzevq/chart.png
European shares buoyed by Fed cut, Wall St futures higher
Related Articles
Fed Rate Cut Finally Arrives,Dollar Index: Negative Catalysts Largely Priced In,Euro Rally May Be Running Out of Steam
Tradingkey - The Federal Reserve lowered the target range for the federal funds rate by 25 basis points to 4.00%–4.25% late yesterday, as widely expected, and signaled two additional rate cuts this year.
[U.S. IPO] Netskope Raises $908 Million in IPO, Debuts Thursday: A Rising Star in Cloud Security?
TradingKey - Backed by venture capital firm Lightspeed Venture Partners, Netskope Inc., a technology provider specializing in securing enterprise cloud services, has raised $908.2 million in its IPO. The company's valuation now exceeds $7 billion. Netskope is set to list on the Nasdaq under the tick-24998ce9215f4781a8d3878dba968c9e.jpg)
[U.S. IPO] Oilfield Water Giant WaterBridge Raises $634M in IPO; Can It Repeat LandBridge's 125% Surge?
TradingKey - Oil field water management company WaterBridge (WBI) announced on September 16 that its US initial public offering (IPO) is expected to price 31.7 million shares at $20 per share, raising a total of $634 million.
September Global Central Bank Divergence: How Will U.S. Stocks and Forex Markets Move?
TradingKey - Despite the divergence in monetary policies among major global central banks in September (with the Federal Reserve cutting rates while the European Central Bank, Bank of England, and Bank of Japan maintain steady rates), we expect the policy directions of the Fed, ECB, and BoE to...
What Is Worldcoin? Why Did WLD Surge Suddenly, and What’s Next?
Worldcoin is evolving from a “hype token” into a foundational layer for global identity. Its fusion of biometrics, blockchain, and financial inclusion has earned growing recognition from users and institutions. If it can overcome technical hurdles, launch real-world payment use cases, and stabilize
