News
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INSTANT VIEW-Fed lowers rates by a quarter of a point; Powell says was a risk management cut
NEW YORK, Sept 17 (Reuters) - The Federal Reserve cut interest rates by a quarter of a percentage point on Wednesday and indicated it will steadily lower borrowing costs for the rest of this year, as policymakers responded to concerns about weakness in the job market in a move that won support from ...Reuters
21 minutes ago
The First-Ever XRP ETF May be Days Away. 1 Thing Investors Need to Know.
Key PointsThe first U.S. spot XRP ETF may launch this week, but it may not be the best.The REX-Osprey XRP ETF is structured differently from other crypto ETFs, which could impact your returns.10 stocks we like better than XRP › After months of speculation, it looks like Ripple's XRP (CRYPTO: XRP) ma...The Motley Fool
39 minutes ago
US asset managers rise as Fed cuts rates
** Shares of U.S. asset managers rise after Federal Reserve cuts interest rates by a quarter of a percentage point** Lower interest rates often boost risk-on sentiments, lifting the value of assets under management as markets rally** Asset managers' fees are directly tied to the value of their p...Reuters
40 minutes ago
INSTANT VIEW-Fed cuts by a quarter of a percentage point; Miran dissents
NEW YORK, Sept 17 (Reuters) - The Federal Reserve cut interest rates by a quarter of a percentage point on Wednesday and indicated it will steadily lower borrowing costs for the rest of this year, as policymakers responded to concerns about weakness in the job market in a move that won support from ...Reuters
41 minutes ago
US-listed crypto stocks fall after Fed cuts rates by 25 basis points
** U.S.-listed shares of crypto and blockchain companies fall after Federal Reserve cuts interest rates by 25 basis points** Crypto exchange Coinbase COIN.O down 2.9%, while bitcoin treasury company Strategy MSTR.O dips 1.5%** Miners MARA Holdings MARA.O and Riot Platforms RIOT.O down 1.4% and 0.8%,...Reuters
42 minutes ago
GLOBAL MARKETS-Stocks edge lower, US yields fall after Fed delivers much-expected rate cut
Fed signals start of monetary policy easing cycleDow rises, S&P 500 and Nasdaq decline post-Fed announcement2-year note yield falls, aligning with Fed rate expectationsBy Chibuike Oguh NEW YORK, Sept 17 (Reuters) - World stocks edged lower in choppy trading while the U.S. Treasury yields fell...Reuters
44 minutes ago
LIVE MARKETS-Wall Street stocks chop around as Fed cuts rates, signals more
Dow is up, Nasdaq falls more than S&P 500Materials leads S&P sector gainers, tech is down mostDollar falls, gold eases from peak; crude down, bitcoin off ~1%US 10-year Treasury yield falls to ~4.02%Welcome to the home for real-time coverage of markets brought to you by Reuters reporters. You...Reuters
55 minutes ago
Why Is Wall Street So Bearish on Plug Power? There's 1 Key Reason.
Key PointsHydrogen fuel demand should grow over the coming decades.It's not clear how much Plug Power will be able to benefit.10 stocks we like better than Plug Power › Plug Power (NASDAQ: PLUG) is a pioneer in the hydrogen sector, and analysts generally think hydrogen fuel has a bright future. Fore...The Motley Fool
56 minutes ago
Gold miners gain after US Fed cuts rates
** Shares of gold miners up after U.S. Federal Reserve cut interest rates by a quarter of a percentage point and indicated it will steadily lower borrowing costs for the rest of this year ** Spot gold XAU= hits record high of $3,707.40/ounce following Fed's announcement; last down marginally ...Reuters
58 minutes ago
US regional banks rise as Fed cuts rates by 25 bps
** Shares of U.S. regional lenders rise in afternoon trading as Federal Reserve cuts interest rates by 25 bps** Fed also indicates it will steadily lower borrowing costs for the rest of this year** Truist Financial TFC.N, Huntington Bancshares HBAN.O, Regions Financial RF.N, M&T Bank MTB.N, Come...Reuters
59 minutes ago
US mortgage lenders rise after Fed cuts rates
** Shares of mortgage lender rise after the U.S. Federal Reserve cuts interest rates by 25 basis points** Rocket Companies RKT.N up 1.7%, PennyMac Financial Services rises PFSI.N up 2.9%, Mr Cooper Group COOP.O climbs 3.4% and UWM Holdings Corporation UWMC.N moves up 3.3%** The Fed has indicated it ...Reuters
an hour ago
INSTANT VIEW- Fed cuts by a quarter of a percentage point; Miran dissents
NEW YORK, Sept 17 (Reuters) - The Federal Reserve cut interest rates by a quarter of a percentage point on Wednesday and indicated it will steadily lower borrowing costs for the rest of this year, as policymakers responded to concerns about weakness in the job market in a move that won support from ...Reuters
an hour ago
U.S. homebuilders, real estate stocks rise after Fed rate cut
** Shares of U.S. homebuilders rose after the Federal Reserve cut interest rates by a quarter of a percentage point at its policy meeting** Falling bond yields may result in lower mortgage rates, which can boost housing affordability and support demand for new homes, benefiting homebuilders** Among ...Reuters
an hour ago
US card companies rise after Fed cuts rates
** Shares of U.S. card companies rise after Federal Reserve cuts interest rates by 25 basis points** Visa V.N up 1.2%, Mastercard MA.N up 1.3% and American Express AXP.N up 2.5%** A decline in the benchmark interest rates helps card companies as lower interest boosts loan demand and facilitates spen...Reuters
an hour ago
US STOCKS-Wall Street mixed after Fed's rate cut, trading choppy
Indexes: Dow up 0.96%, S&P 500 up 0.13%, Nasdaq down 0.22% Federal Reserve cuts interest rates by 25 basis pointsFed projections show two more cuts for 2025By Abigail Summerville and Purvi AgarwalSept 17 (Reuters) - The S&P 500 briefly rose while the Nasdaq slipped in choppy trading on Wedne...Reuters
an hour ago
Lilly gets a boost from new weight-loss pill data as it weighs speedier approval in US
Lilly's GLP-1 pill beats Novo's in diabetes trialTest results boost Lilly's GLP-1 market leadGlobal filings planned as Lilly eyes rapid rollout of oral obesity drugBy Maggie Fick and Mrinalika Roy VIENNA, Sept 17 (Reuters) - Eli Lilly's LLY.N bid for approval for an experimental w...Reuters
an hour ago
U.S. STOCKS ON THE MOVE-Regeneron, Elf Beauty, Eli Lilly
The Day Ahead newsletter: https://refini.tv/3LI4BU7The Morning News Call newsletter: https://refini.tv/3dKUyB8Wall Street's main indexes were mixed on Wednesday, with the benchmark S&P 500 largely muted ahead of a widely anticipated interest-rate cut from the U.S. Federal Reserve later in th...Reuters
an hour ago
Why Did Plug Power Stock Pop Today?
Key PointsPlug Power stock soared 16% this afternoon on no news.The hydrogen fuel cell start-up is not profitable -- and never has been.10 stocks we like better than Plug Power › Shares of hydrogen fuel cell company Plug Power (NASDAQ: PLUG) soared 16.1% through 1 p.m. ET Wednesday, but here's the t...The Motley Fool
2 hours ago
Five Point-backed WaterBridge valued at nearly $3 billion as shares jump in NYSE debut
By Ankita Bora and Arasu Kannagi Basil Sept 17 (Reuters) - WaterBridge Infrastructure's WBI.N shares jumped 25% in their debut on the New York Stock Exchange on Wednesday, giving the midstream water management firm a market valuation of nearly $3 billion. Shares of the Houston, Texas-based co...Reuters
2 hours ago
