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Source: Live Mint (Bloomberg) — In 2022, after the Federal Reserve started raising rates at the fastest pace in decades, some blue-chip US companies vowed to start cutting their debt loads. Those days may be over now. Companies with BBB ratings boosted their share buybacks in the latest quarter for the first time since early…
Source: Live Mint Desperation swept over global markets on Thursday after the US Federal Reserve indicated a slower easing of interest rates, sending Indian stocks lower for the fourth day in a row. Markets now await the onset of the annual Santa Claus rally, when stocks tend to rise during the Christmas-New Year holiday season….
Source: Live Mint Fed lowers reverse repo rate by 30 basis points Fed reverse repo rate now 4.25%, matching low end of fed funds range Analyst expect Fed tweak to flush cash from reverse repo facility Dec 18 (Reuters) – The Federal Reserve adjusted a key part of its rate control toolkit on Wednesday, lowering…
Source: Live Mint US stock indices rose on Wednesday in anticipation of interest rate cut by the Federal Reserve, that is due to announce its final policy decision of this year later in the day. The central bank is widely expected to cut rates by a quarter point. At 12:00 pm ET, the Dow Jones…
Source: Live Mint US stocks slipped on Tuesday, as investors become cautious ahead of the Federal Reserve’s interest rate decision following strong retail sales data, At the open, the Dow Jones Industrial Average fell 61.0 points, or 0.14%, to 43,656.47. The S&P 500 fell 21.5 points, or 0.35%, to 6,052.55, while the Nasdaq Composite dropped…
Source: Live Mint (Updates for market close) By Hritam Mukherjee and Kashish Tandon Dec 17 (Reuters) – Indian shares slipped on Tuesday, on across-the-board selling as investors braced for the Federal Reserve’s monetary policy meeting for clues on its rate cut path next year. The NSE Nifty 50 fell 1.35% to 24,336 points as of…
Source: Live Mint NEW YORK (Reuters) – Megacap tech shares muscled the S&P 500 and the Nasdaq to higher closes on Monday as U.S. Treasury yields paused and investors readied for a busy central bank week. Bitcoin surged, touching a new high after U.S. President-elect Donald Trump suggested he plans to set up a bitcoin…
Source: Live Mint Federal Reserve, BOJ, BoE rate decisions in focus this week Fed expected to cut by 25 bps on Wed, forgo January cut Bitcoin climbs to record $106,533 (Updates with midday trading) By Kevin Buckland and Greta Rosen Fondahn TOKYO/GDANSK, Dec 16 (Reuters) – The U.S. dollar hovered close to a three-week high…
Source: Live Mint The S&P 500 and the Nasdaq edged higher on Monday, while the Dow was flat, as investors eyed anticipated Federal Reserve interest rate cut later in the week. At the open, the Dow Jones Industrial Average fell 2.3 points, or 0.01%, to 43825.76. The S&P 500 rose 12.7 points, or 0.21%, to…
Source: Live Mint (Updates yield levels, adds details about market expectations) TOKYO, Dec 16 (Reuters) – Japanese government bond (JGB) yields rose on Monday, tracking U.S. Treasury yields as investors awaited monetary policy decisions by the Federal Reserve and the Bank of Japan (BOJ) later this week. The 10-year JGB yield climbed 3 basis points…
