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US STOCKS-Wall Street ends mixed, trade choppy after Fed's rate cut, outlook
Dow up 0.57%, S&P down 0.1%, Nasdaq down 0.32%Federal Reserve cuts interest rates by 25 basis pointsFed projections show two more cuts for 2025By Abigail Summerville and Purvi Agarwal Sept 17 (Reuters) - The Nasdaq and the S&P 500 closed lower in choppy trading on Wednesday, after the U.S...Reuters
10 minutes ago
Steelmaker Nucor falls after downbeat quarterly forecast
** Shares of steelmaker Nucor NUE.N fall 3.6% to ~$138 in extended trading** Company forecasts Q3 earnings to decrease across all three operating segments ** Expects Q3 profit to be in the range of $2.05 to $2.15 per share, vs $2.60 apiece in Q3, 2024 ** Thirteen of 17 brokerages rate the stock "...Reuters
14 minutes ago
GLOBAL MARKETS-Stocks hit fresh record high, US yields rise after Fed rate cut
Fed signals start of monetary policy easing cycleBenchmark 10-year yields rise US dollar strengthens against peersGold prices settle lower after hitting fresh peakCrude oil prices easeBy Chibuike Oguh NEW YORK, Sept 17 (Reuters) - World stocks hit a record high in choppy trading with equities Wal...Reuters
18 minutes ago
LIVE MARKETS-S&P 500 ends slightly lower after Fed meeting
Dow ends up 0.6%, Nasdaq falls 0.3%, S&P 500 off 0.1%Financials lead S&P sector gainers, tech falls mostDollar rises, gold eases 0.8%; crude slips, bitcoin off ~1%US 10-year Treasury yield rises to ~4.07%Welcome to the home for real-time coverage of markets brought to you by Reuters reporter...Reuters
26 minutes ago
EMERGING MARKETS-LatAm currencies fall despite Fed rate cut; eyes on Brazil's rate decision
LatAm stocks up 0.5%; FX up 0.1%Fed cuts rate by 25 basis pointsBrazil's rate decision due at 1730 ET Mexico begins public consultation process for USMCAArgentina's economy expands 6.3% in second quarterBy Pranav Kashyap Sept 17 (Reuters) - Most Latin American currencies faced pressur...Reuters
28 minutes ago
IonQ gains on partnership with US Department of Energy
** Shares of quantum computing firm IonQ IONQ.N up 5% to $65.41 in extended trading ** Company signs MOU with the U.S. Department of Energy (DOE) to advance the development and deployment of quantum technologies in space** IONQ says it will provide the design and execution of an orbital demonstrati...Reuters
29 minutes ago
Ticketing platform StubHub erases gains to close below issue price in choppy NYSE debut
By Ateev Bhandari, Pritam Biswas and Echo Wang Sept 17 (Reuters) - Shares of StubHub STUB.N rose about 8% in their New York Stock Exchange debut on Wednesday, but closed the day below their issue price as investors welcomed the ticket reseller marketplace with caution. The New York-based company&...Reuters
31 minutes ago
7Rcc Spot Bitcoin And Carbon Credit Futures ETF Files S-1 Registration Statement- SEC Filing
Sept 17 (Reuters) - SEC Filing:7RCC SPOT BITCOIN AND CARBON CREDIT FUTURES ETF FILES S-1 REGISTRATION STATEMENT- SEC FILING7RCC SPOT BITCOIN AND CARBON CREDIT FUTURES ETF: ISSUES SHARES THAT TRADE ON NYSE ARCA, INC UNDER SYMBOL “BTCK”7RCC SPOT BITCOIN AND CARBON CREDIT FUTURES ETF: FUND CONTINUOUSLY...Reuters
46 minutes ago
StubHub slides 6% in first day of trading on NYSE
** Ticket-selling platform StubHub STUB.N erases early gains and finishes down in its NYSE debut on Weds after long-awaited IPO ** STUB opened at $25.35 vs $23.50 IPO price and traded as high as $27.89 early on. But then the stock declined sharply and ended down 6.4% at session low of $22 ...Reuters
48 minutes ago
Why Alibaba Stock Was Riding Higher on Wednesday
Key PointsThe company pulled off a successful round of capital raising.It was aiming to drum up a gross amount of $3.2 billion in funds. 10 stocks we like better than Alibaba Group › Chinese e-commerce giant Alibaba Group (NYSE: BABA) was standing tall on the stock market Wednesday. Fueled by a succ...The Motley Fool
51 minutes ago
US STOCKS-Wall Street ends mixed, trade choppy after Fed's rate cut, outlook
Federal Reserve cuts interest rates by 25 basis pointsFed projections show two more cuts for 2025Powell remarks on weak labor market By Abigail Summerville and Purvi Agarwal Sept 17 (Reuters) - The Nasdaq and the S&P 500 closed lower in choppy trading on Wednesday, after the U.S. Federal ...Reuters
56 minutes ago
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
an hour ago
Lucid Is Gaining Today -- Is the Stock a Buy Right Now?
Key PointsLucid is gaining today thanks to the Federal Reserve cutting interest rates. The Fed cut rates by 25 basis points, which is good for Lucid on multiple levels.Lucid should benefit from rate cuts, but the stock is still risky. 10 stocks we like better than Lucid Group › Lucid (NASDAQ: LCID) ...The Motley Fool
an hour ago
Palantir Is Falling Today -- Is the Stock a Buy Right Now?
Key PointsPalantir is falling today after the Federal Reserve announced a cut of 25 basis points for interest rates. Some investors had been hoping for a 50-basis point cut. Palantir is still trading at a heavily growth-dependent valuation. 10 stocks we like better than Palantir Technologies › Palan...The Motley Fool
an hour ago
Why Is Wolfspeed Stock Jumping Today?
Key PointsLast week, news that Wolfspeed would be exiting its Chapter 11 bankruptcy soon sent shares of the chipmaker flying.The plan includes clearing $4.6 billion in burdensome debt.10 stocks we like better than Wolfspeed › Shares of Wolfspeed (NYSE: WOLF) are jumping on Tuesday, up 5.8% as of 3:0...The Motley Fool
an hour ago
Why Is Opendoor Technologies Stock (OPEN) Jumping Today?
Key PointsA regulatory filing confirmed Opendoor plans to offer its services to the entire United States market. In addition, the Federal Reserve announced it will cut the federal funds rate by 0.25%. 10 stocks we like better than Opendoor Technologies › Shares of Opendoor Technologies (NASDAQ: OPEN...The Motley Fool
2 hours ago
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
2 hours 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
2 hours 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
2 hours 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
2 hours ago
