adminDollar wobbles on rising bets of outsized Fed rate cut
By Rae Wee SINGAPORE (Reuters) – The dollar dipped on Thursday as traders ramped up bets for a supersized rate cut from the Federal Reserve later this month, with the…
Stock market today: Stocks slip as tough September start rolls on
US stocks were lower on Wednesday, coming off a steep sell-off fueled by worries about economic growth and the artificial intelligence trade amid a slide in Nvidia (NVDA) shares. The…
U.S. firms saw slowing economic activity in recent weeks, Fed survey shows
(Reuters) – U.S. economic activity expanded more slowly from mid July through late August and businesses reported less hiring, signals that underscore why the Federal Reserve is set to lower…
Stock market today: US futures slide as growth worries weigh on spirits
US stocks were poised for more losses on Wednesday, coming off a steep sell-off fueled by worries about economic growth and the AI trade amid a slide in Nvidia (NVDA)…
US Mortgage Rates Continue to Ease on Expectations of Fed Move
(Bloomberg) — US mortgage rates fell last week to their lowest level since April 2023, prompting potential homebuyers to apply for loans at a faster clip. Most Read from Bloomberg…
Risks Too Big for Insurers Just Fed a $200 Billion Market Boom
(Bloomberg) — As the market for in-house insurance surpasses a record $200 billion, the underlying reasons for that boom show how a hotter, less stable planet is redrawing the risk…
Stocks Tumble Most Since August Selloff, Oil Slips: Markets Wrap
(Bloomberg) — European and US stock futures declined on Wednesday, as Asian equities suffered deep losses following a selloff in US peers driven by a plunge in Nvidia Corp. Most…
Chile Restarts Interest Rate Cuts and Strikes Dovish Tone on Economic Outlook
(Bloomberg) — Chile’s central bank lowered its key interest rate by a quarter percentage-point, playing down the risks of sustained inflation while indicating borrowing costs could fall faster than previously…
Oil’s Slide Puts Focus on OPEC+ Production Plan and Weak Demand
(Bloomberg) — Oil pushed lower after a loss of almost 5% on Tuesday as the possible easing of political unrest in Libya shifted focus back to concerns over global demand…
Nvidia stock tumbles to lowest level since mid-August
Nvidia (NVDA) stock sank 7% on Tuesday as the overall market declined on the first trading day of the month. The AI chipmaker was the worst performer among the "Magnificent…
