|Day's Range||26,475.58 - 26,634.85|
|52 Week Range||22,254.93 - 26,769.16|
The Federal Reserve's latest monetary policy decision will be the market highlight on Wednesday with stocks looking to shake off a recent streak of declines on days the Fed raises interest rates.
Live from the floor of the New York Stock Exchange, Yahoo Finance's Jared Blikre joins Seana Smith to discuss the latest market moves.
Global stocks were mixed Wednesday, with stocks in China rising to an 8-week high, as investors took advantage of a lull in the U.S.-China trade war and focused on today's interest rate decision from the U.S. Federal Reserve. Oil prices extend gains following yesterday's comments from President Donald Trump that OPEC is "ripping off" the world and his vow to impose further sanctions on Iran. European stocks slip as the euro holds gains against the dollar and domestic political pressure continues to build on Angela Merkel's fragile coalition government in Germany.
U.S. stock futures rose on Wednesday, Sept. 26, with Wall Street anticipating the Federal Reserve will boost interest rates by 25 basis points for the third time in 2018. The main item on the U.S. economic calendar Wednesday is the announcement on interest rates from the Fed at 2 p.m. ET. A rate hike, which would take the central bank's target range to between 2% and 2.25%, is expected as the central bank looks to prevent the economy from growing too fast.
SINGAPORE (AP) — European markets were flat Wednesday following a day of gains in Asia as traders awaited an expected interest rate hike by the U.S. Federal Reserve.
Please click here for the annotated chart of 11 popular tech stocks. • Tech stocks have been the leaders of this market. • Smart-money flows are mildly negative in Netflix (NFLX) But the momentum (momo) crowd money flows are very positive.
A Chinese equity bounce set a modestly positive tone for world stocks on Wednesday as bets that Beijing would expand stimulus to support its economy helped offset some of the worries about global trade tensions and $80-a-barrel oil. World stocks hung not far off six-month highs, but sentiment remains in check as U.S. benchmark bond yields stand close to seven-year peaks and investors weigh how much more policy tightening is in store from the U.S. Federal Reserve. Shanghai-listed shares closed almost one percent higher at eight-week highs (.SSEC) after global index provider MSCI (MSCI.N) said it could quadruple China's weighting in global benchmarks.
A Chinese equity bounce set a modestly positive tone for world stocks on Wednesday as bets that Beijing would expand stimulus to support its economy helped offset some of the worries about global trade tensions and $80-a-barrel oil. World stocks hung not far off six-month highs, but sentiment remains in check as U.S. benchmark bond yields stand close to seven-year peaks and investors weigh how much more policy tightening is in store from the U.S. Federal Reserve. Beijing is not expected to follow U.S. Federal Reserve in raising interest rates this week.
Investing.com - Nike (NYSE:NKE) reported first quarter earnings that beat analyst's expectations on Tuesday and revenue that topped forecasts.
Investing.com - Asian equities were mostly higher in morning trade on Wednesday even after U.S. President Donald Trump said on Tuesday that his country would “no longer tolerate abuse” on trade.
Investing.com - The Dow closed lower Tuesday on rising fears about trade after President Donald Trump warned international trade partners that the U.S. "will not tolerate" abuse on trade.
JPMorgan Chase & Co. analysts, led by cross-asset strategist John Normand, in a Sept. 21 research report, say investors should be prepared for the possibility of a “major miscalculation” by the Trump administration on trade.
Investing.com - Wall Street was under pressure heading into close Tuesday as utilities and semiconductor stocks sagged, while tech remained pressured by a slump in CenturyLink .
New data from Northwestern Mutual and the Harris Poll says that 68% of Americans consider themselves middle class. Yahoo Finance’s Alexis Christoforous, Melody Hahm and Julia La Roche discuss.