I:RUT Sep 2024 Weekly 1880.000
- Bloomberg
Asian Stocks Fall With Fed, BOJ Decisions Ahead: Markets Wrap
(Bloomberg) -- Asian stocks fell as traders look ahead to decisions from the Federal Reserve and the Bank of Japan this week. Most Read from BloombergPipeline Fire Near Houston Forces Some Residents to EvacuateHousing’s Worst Crisis in Decades Reverberates Through 2024 RaceAn Affordable Nomadic Home Design Struggles to Adapt to Urban LifeUS Driving and Congestion Rates Are Higher Than EverAn Artist Reimagines the Spaces of Childhood, With Thorny ResultsEquities in Australia and Hong Kong rose wh
- Reuters
As Fed cuts loom, health of US economy could determine markets' path
How stocks, bonds and the dollar perform after the Federal Reserve kicks off its rate-cutting cycle could depend on one factor more than most: the health of the U.S. economy. The Fed is expected to kick off a series of rate cuts on Wednesday, after raising borrowing costs to their highest level in nearly two decades. Markets are pricing in roughly 250 basis points of easing by the end of 2025, LSEG data showed.
- Associated Press
How major US stock indexes fared Monday, 9/16/2024
The Dow added 0.6% Monday, the S&P 500 rose 0.1%, and the Nasdaq composite fell 0.5%. The mixed results came ahead of the most anticipated meeting of the Federal Reserve in years. More traders are betting that the Fed will cut its main interest rate Wednesday by a larger-than-usual amount in a bid to shore up the economy.
