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LIVE MARKETS-Fed day data duet: Employment costs, mortgages
Dow up; S&P 500, Nasdaq downCons disc lead sector gainers; tech lagsFed expected to cut rates on WedSTOXX 600 off ~0.05%Crude, dollar, gold, bitcoin all downUS 10-year Treasury yields ease to 4.17%Welcome to the home for real-time coverage of markets brought to you by Reuters reporters. You can ...Reuters
Wed, Dec 10
Top Calls on Wall Street: Nvidia, Amazon, PepsiCo, Roblox, GE Vernova, Micron Technology & More
Here are the biggest calls on Wall Street on Wednesday:Stephens initiates LKQ at OverweightStephens says the online auto parts store is a “deep value stock.”“We are initiating coverage of LKQ with an Overweight rating, $39 PT.”JPMorgan upgrades PepsiCo to Overweight from NeutralJPMorgan says the sto...Tiger News
Wed, Dec 10
CANADA STOCKS-TSX steady after BoC holds rates; all eyes on Fed decision
By Avinash P Dec 10 (Reuters) - Canada's main stock index was flat on Wednesday, with gains in real estate and financials, after the Bank of Canada held interest rates as expected, while attention shifted to the U.S. Federal Reserve's decision later in the day.Canada's benchmark inde...Reuters
Wed, Dec 10
Dave & Buster's shares gain as investors bet on turnaround plan
Shares of Dave & Buster's jump 17% to $20.98 after Q3 resultsJ.P. Morgan says the co's management "appeared confident in making steady, albeit slow, progress ahead as it executes against the back-to-basics plan"Piper Sandler says "in both October and November, same-store sale...Reuters
Wed, Dec 10
Gold miners drop as bullion prices weaken ahead of Fed decision
Shares of gold miners fall, tracking a decline in bullion prices GOL/Spot gold XAU= down 0.4% at $4,191.66/ounceGold prices slip as investors booked profits ahead of the U.S. Federal Reserve's interest rate decision and Chair Jerome Powell's remarks later in the dayTop miner Newmont NEM.N do...Reuters
Wed, Dec 10
Street View: AutoZone set for bumpy ride on higher inventory expenses
Auto parts retailer AutoZone AZO.N on Tuesday posted first-quarter profit and sales below Wall Street's estimates Shares fall nearly 2.6% to about $3,406.7WEAK Q1 RESULTS AND TARIFF-RELATED COSTS Mizuho says higher operating costs at 10.4% and $98 mln of Last-In, First-Out (LIFO) invent...Reuters
Wed, Dec 10
Coupang slips as CEO resigns over data breach
Shares of South Korean e-commerce platform Coupang CPNG.N fall 4% to a seven-month low of $25.86 CEO Park Dae-jun resigns, taking responsibility for a massive data leak in November that affected more than 33 million customers *Shares down about 14% since the breach was first reportedHarold Roger...Reuters
Wed, Dec 10
Silver miners drop as investors eye Fed rate decision
Shares of silver miners dip, tracking prices of the white metal GOL/Spot silver XAG= fell 0.2% to $60.56/ounce, after hitting an all-time high of $61.61 earlier in the sessionPrices hover below record high levels as investors book profits ahead of the U.S. Federal Reserve's interest rate decisio...Reuters
Wed, Dec 10
LIVE MARKETS-Stocks mixed, tech weakens before expected Fed rate cut
Dow, S&P 500 up, Nasdaq down Industrials lead sector gainers; tech lagsFed expected to cut rates on WedCrude, dollar, gold, bitcoin all downUS 10-year Treasury yields ease to 4.17%STOXX 600 up 0.05%Welcome to the home for real-time coverage of markets brought to you by Reuters reporters. You can...Reuters
Wed, Dec 10
US STOCKS-Wall St muted ahead of Fed verdict as doubts grow over 2026 cuts
Indexes: Dow up 0.06%, S&P 500 flat, Nasdaq down 0.18%Fed rate decision expected at 2 p.m. ET GE Vernova rises after bullish 2026 revenue forecastOracle, Broadcom results awaited this weekBy Johann M Cherian and Pranav Kashyap Dec 10 (Reuters) - Wall Street's main indexes were little ...Reuters
Wed, Dec 10
Street View: Brokerages positive on GE Vernova's 2028 targets
Brokerages raise PT on power-equipment maker GE Vernova GEV.N as co forecast higher revenue for 2026 on Tuesday on the back of strong demandShares hit record high, last up 15% at $719.1 in early market trading GEV FIRING ON ALL CYLINDERSJ.P.Morgan sets Street-high PT for GEV; raises it to $1000 ...Reuters
Wed, Dec 10
Cracker Barrel sinks after cutting annual sales forecast
Shares of casual dining chain Cracker Barrel Old Country Store CBRL.O down as much as 6.3% at $25.29 in early trading Co cut its annual revenue forecast after market close on Tuesday, as backlash over its short-lived logo change hurt store traffic in Q1Stock touches its lowest since September 2009Ex...Reuters
Wed, Dec 10
EMERGING MARKETS-LatAm assets fall as Powell jitters undercut risk appetite
Stocks down 0.6%, currencies fall 0.4%Brazil's 12-month inflation slows in NovemberChile heads for presidential run-off on SundayBy Niket Nishant Dec 10 (Reuters) - Latin American assets resumed their decline on Wednesday, following a one-day reprieve as investors braced for potentially hawk...Reuters
Wed, Dec 10
B Riley initiates coverage of Take-Two Interactive with 'buy' on GTA VI optimism
Brokerage B Riley initiates coverage of videogame publisher Take-Two Interactive TTWO.O with "buy" and PT of $300, implying a premium of ~21% to TTWO's last close Stance is centered around the planned November 2026 debut for Grand Theft Auto VI (GTA VI), which might be the largest entert...Reuters
Wed, Dec 10
PRECIOUS-Gold slips ahead of Fed's rate decision; silver drifts near record high
Fed expected to cut rates, decision due at 2 p.m. ETMarkets pricing in 89.6% chance of a rate cutSilver hits record high of $61.61/ozBy Sarah Qureshi and Anushree Mukherjee Dec 10 (Reuters) - Gold prices edged lower on Wednesday as investors booked profits ahead of the U.S. Federal Reserve's ...Reuters
Wed, Dec 10
Kosmos Energy dips as Senegal signals nationalization of gas project
Shares of oil and gas producer Kosmos Energy KOS.N down 4.2% at $1.03 in early market tradingSenegal announces plans to nationalize the Yakaar-Teranga gas projectKOS holds a 90% stake in the project, which is under a license set to expire in July 2026, with state-owned Petrosen owning the remaining ...Reuters
Wed, Dec 10
Marvell Technology Rebounds 2.5% as CEO Denies Loss of Amazon and Microsoft Orders
Shares of Marvell rebounded 2.5% on Wednesday. In a Tuesday interview with CNBC’s Jim Cramer, Marvell Technology CEO Matt Murphy dismissed reports suggesting his company lost business from high-profile customers.“I can tell you this, from Tuesday to Friday, nothing changed,” Murphy said, referring t...Tiger News
Wed, Dec 10
Ahold Delhaize dips as Amazon expands US grocery deliveries
Shares of retailer Ahold Delhaize AD.AS fall 1.4%, paring earlier losses of as much as 3.1% as Amazon AMZN.O expands U.S. grocery deliveries Ahold generates more than half of its revenue in the U.S.Amazon says same-day perishable grocery delivery expanded to more than 2,300 U.S. cities and townsAdds...Reuters
Wed, Dec 10
Cotton ticks up on technical buying; traders await Fed rate decision
Dec 10 (Reuters) - ICE cotton futures ticked up on Wednesday on technical buying, as traders turned their attention to U.S. Federal Reserve meeting later in the day, where the central bank is widely expected to cut interest rates.Cotton contracts for March CTH6 rose 0.2 cents, or 0.2%, at 63.97 cent...Reuters
Wed, Dec 10
