|Day's Range||2,913.70 - 2,923.95|
|52 Week Range||2,495.91 - 2,940.91|
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.
President Trump speaking at the U.N. General Assembly, calling out China over its unfair trade practices. Yahoo Finance's Dion Rabouin, Seana Smith, and Ethan Wolff-Mann discuss along side Heritage Capital President Paukl Schatz.
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.
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.
AG profit warning weighed on European markets. Asian shares ended mainly higher, while the Stoxx Europe 600 was down 0.1%, with Italy’s FTSE MIB 0.2% lower. The region’s car markers fell on Tuesday’s profit warning from BMW.
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.
The Federal Open Market Committee will begin the second and final day of its September monetary policy gathering Wednesday, with analysts expecting the Fed to announce a quarter-point rate hike when it concludes its meeting. In data, mortgage applications are due out at 7 a.m. ET, followed by new home sales at 10 a.m. ET. U.S. stock index futures posted slight gains ahead of Wednesday's open.
that Theresa May’s blueprint for the UK’s future relationship with the EU is unacceptable because it undermines a central tenet of the bloc and would spell “the end of Europe”. Bruno Le Maire warned that the British prime minister’s proposal, dubbed the Chequers plan, “doesn't add up” in its current form as it would send a damaging signal to the rest of Europe. “If we give the idea that we can exit the European Union and keep all of the benefits of the single market then it is the end of Europe,” said Mr Le Maire at the finance ministry in Paris on Tuesday.
The S&P 500 was all over the place to kick off the Tuesday session, as we continue to look for some type of direction. With the FOMC statement coming out, I think that a lot of traders or to simply not willing to jump in. Beyond that, my futures platform showed very low volume, and that always means a lot of trouble.
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.
To join the conversation click here http://bit.ly/1kTxdKD" http://bit.ly/1kTxdKD" http://bit.ly/1kTxdKD" http://bit.ly/1kTxdKD TRADING INDIA FORUM - INDIAN ECONOMY India posted its highest growth in two years at 8.2 percent for Q1. To join the conversation, click http://bit.ly/1kTxdKD" http://bit.ly/1kTxdKD" http://bit.ly/1kTxdKD" http://bit.ly/1kTxdKD TRADING INDIA FORUM - INDIAN MARKETS Indian currency markets have had a torrid time in 2018. To join the conversation, click http://bit.ly/1kTxdKD" http://bit.ly/1kTxdKD" http://bit.ly/1kTxdKD" http://bit.ly/1kTxdKD INDIA TOP NEWS • Finance ministry urges RBI to take steps to ease liquidity, tackle credit crunch The finance ministry wants the Reserve Bank of India (RBI) to consider more steps to improve liquidity in the system, including reducing the amount of funds banks must set aside with it, a senior ministry official said on Tuesday, amid a bubbling credit crunch in the Indian shadow banking industry.
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.