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S&P 500, Dow close at new highs as mining stocks rise on China stimulus boost
September 24, 2024

S&P 500, Dow close at new highs as mining stocks rise on China stimulus boost

By Echo Wang(Reuters) - The S&P 500 and Dow ended at record highs on Tuesday, shrugging off weak consumer confidence data, as mining stocks surged followi

Fed’s jumbo interest rate cut puts the U.S. on track for a soft landing, Goldman CFO says
September 24, 2024

Fed’s jumbo interest rate cut puts the U.S. on track for a soft landing, Goldman CFO says

U.S. Federal Reserve Chair Jerome Powell holds a press conference in Washington, D.C., on Sept. 18, 2024.Mandel Ngan | AFP | Getty ImagesThe Federal Reserve's m

2-year Treasury yield falls after consumer confidence miss
September 24, 2024

2-year Treasury yield falls after consumer confidence miss

The 2-year U.S. Treasury yield edged lower on Tuesday as market participants parsed a weaker-than-expected consumer confidence report.The yield on the 2-year Tr

US Stock Rally Propped Up by Nvidia’s Climb: Markets Wrap
September 23, 2024

US Stock Rally Propped Up by Nvidia’s Climb: Markets Wrap

(Bloomberg) -- US stocks held onto gains buoyed by a jump in Nvidia Corp.’s shares as traders largely shrugged off a grim consumer confidence reading.Most Rea

Stock futures are flat after Dow closes at a fresh record: Live updates
September 23, 2024

Stock futures are flat after Dow closes at a fresh record: Live updates

Traders work on the floor of the New York Stock Exchange during morning trading on Sept. 23, 2024.Michael M. Santiago | Getty ImagesU.S. stock futures were litt

Forexlive Americas FX news wrap 23 Sep: S&P Global PMI data mixed but with inflation
September 23, 2024

Forexlive Americas FX news wrap 23 Sep: S&P Global PMI data mixed but with inflation

Key points:S&P and Dow industrial average close at record levelsCrude oil futures is settling $70.37More Geopolitics: Iran Pres says US policies support &am

Wall Street drifts higher to set more records
September 23, 2024

Wall Street drifts higher to set more records

FIle photo(AP Photo/Richard Drew)NEW YORK (AP) — U.S. stock indexes reached new heights Monday after drifting higher in a quiet day of trading.The S&P 500

FedEx CEO Cites Slow Economic Growth as Fed Cuts Rates
September 23, 2024

FedEx CEO Cites Slow Economic Growth as Fed Cuts Rates

Slower growth is ahead for the U.S. economy.The Fed last week reduced its target range for rates by 50 basis points. While a half-a-point cut was on the table,

Treasury Secretary Janet Yellen issues stark warning on the economy ahead of the 2024 election
September 23, 2024

Treasury Secretary Janet Yellen issues stark warning on the economy ahead of the 2024 election

By Sarah Ewall-Wice, Senior U.S. Political Reporter Published: 19:17 BST, 23 September 2024 | Updated: 20:27 BST, 23 September 2024

Growth in US Business Activity Moderates as Prices Accelerate
September 23, 2024

Growth in US Business Activity Moderates as Prices Accelerate

(Bloomberg) -- US business activity expanded at a slightly slower pace in early September, while expectations deteriorated and a gauge of prices received climbe