Wall St set for subdued open as investors await Fed rate clues, data
Wall Street was set for a subdued start on Wednesday, with investors awaiting further indicators on the state of the economy ...
Inflation Progress & Labor Market Cooling: The Fed’s Rate Cut Thinking
They were not, though, in a panic or worried about an imminent recession. Instead, they were thinking that the old interest ...
Nasdaq edges up; Dow, S&P 500 mixed after notching record highs
Major U.S. stock indexes traded mixed on Wednesday, with the Dow Jones Industrial Average losing ground and S&P 500 wavering ...
Fed's rate cut offers limited relief for US factories facing China competition
"What the Fed can do is create expectations for short-term growth with a rate cut, which is powerful," said Cliff Waldman, ...
Federal Reserve to cut twice more in 2024
After a jumbo-sized half-point cut, we think the Federal Reserve will reduce rates twice more in 2024 in quarter-point increments. At September’s Federal Open Market Committee meeting, the Fed started ...
Treasury yields inch higher as investors consider the state of the economy
U.S. Treasury yields were slightly higher on Wednesday as investors weighed economic data and considered the state of the economy.