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Wall Street ends choppy session higher with focus firmly on Fed

Register now for FREE unlimited access to Reuters.comRegisterAll eyes on Fed policy decision on WednesdayTraders price in small chance of 100 bps rate hikeTake Two’s GTA VI gameplay footage leaked onlineKnowbe4 jumps on take-private offerIndexes up: Dow 0.64%, S&P 0.69%, Nasdaq 0.76%Sept 19 (Reuters) – Wall Street’s main indexes ended a seesaw session higher on …

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Treasury yields tick higher as traders anticipate the Fed’s next move

Treasury yields ticked higher early Monday as traders anticipate the U.S. Federal Reserve’s next moves in the face of persistently high inflation.The yield on the 2-year Treasury bond rose 7 basis points to trade at 3.93% at 6:41 a.m. ET, trading around levels not seen since 2007. The yield on the 10-year Treasury, meanwhile, gained …

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Wall St staggers to higher close as Fed rate hike looms

Register now for FREE unlimited access to Reuters.comRegisterMarket sees 22% likelihood of a 100 bps rate hike from Fed -CMERailroad stocks drop amid negotiations to avoid strikeIndexes up: Dow 0.10%, S&P 0.34%, Nasdaq 0.74%NEW YORK, Sept 14 (Reuters) – Wall Street ended a directionless session higher on Wednesday as an on-target inflation report largely stanched …

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Bitcoin (BTC/USD), Dogecoin (DOGE/USD) – Bitcoin, Ethereum, Dogecoin Surge Higher Into The Weekend: What’s Happening?

Bitcoin BTC/USD was leading the crypto sector higher during Friday’s 24-hour trading session, skyrocketing about 10% higher.The bullish price action overnight on Thursday predicted a big move north for the general markets on Friday, which saw the S&P 500 rally about 1.7%.By late afternoon, Bitcoin was holding strong near to its high-of-day. Ethereum ETH/USD and Dogecoin DOGE/USD …

Bitcoin (BTC/USD), Dogecoin (DOGE/USD) – Bitcoin, Ethereum, Dogecoin Surge Higher Into The Weekend: What’s Happening? Read More »

European markets move higher after record ECB rate hike; BoE postpones meeting

European markets were higher Friday, as investors reacted to a record rate hike by the European Central Bank and further comments from Federal Reserve Chair Jerome Powell.The pan-European Stoxx 600 was up 1.7% in afternoon trade, with all sectors trading in the green. Basic resources were 3.1% higher, while banks were up 2.3%. On Thursday, …

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Hong Kong’s Hang Seng rises 2%, leads Asia markets higher after Powell’s inflation comments

HSBC says China’s latest inflation readings allow PBOC to maintain accommodative monetary policyChina’s latest inflation figures give the People’s Bank of China room to maintain its current monetary stance, HSBC said in a note.”The moderation in price pressures gives the PBOC room to stay accommodative,” greater China economist Erin Xin said.Xin added that the central …

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EU gas price rockets higher after Russia halts Nord Stream flows

Pipes at the landfall facilities of the ‘Nord Stream 1′ gas pipeline are pictured in Lubmin, Germany, March 8, 2022. REUTERS/Hannibal Hanschke/File PhotoRegister now for FREE unlimited access to Reuters.comRegisterEuropean gas price up about 400% on a year agoEU states have triggered emergency gas plansDisruptions hinder EU efforts to fill up storageRussia says sanctions hinder …

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