Indexes rose after a broad sell-off on Wednesday after the Federal Reserve back rate-cut expectations at its policy meeting.
UnitedHealth Stock Price Levels to Watch After Extended Sell-Off
UnitedHealth shares have been on the decline since the CEO of its UnitedHealthcare unit was killed in New York City on Dec. 4. Monitor these important chart levels.
Stock market today: Dow ekes out gain, snapping longest losing streak in 50 years
Stocks are looking to bounce back from their worst day since the summer.
ETF Market Sets Records In 2024 As Inflows Reach $1.6 Trillion: 7 Funds Leading Charge
Exchange-traded funds are rewriting the financial playbook, with 2024 marking a historic year for the industry. From record-breaking flows to innovative fund launches, Bank of America detailed $1.6 trillion in ETF inflows this year in a new note. The global ETF market has grown to a staggering $15.1 trillion in assets under management. Additionally, ETF launches hit an all-time high of 1,485 in 2024, and institutional ownership continues to surge, cementing ETFs as the cornerstone of modern inve
Wall Street ends about the same after steep decline on Fed's higher inflation view
Wall Street's top three indexes ended nearly flat after a steep decline Wednesday based on the Fed's 2025 outlook.
Could Bitcoin Become DeFi’s Collateral of Choice? Lombard Finance Says So
Lombard Finance aims to produce a yield-bearing bitcoin token, and potentially unleash a new wave of liquidity into the DeFi ecosystem.
Emerging FX Gauge Slips as Traders Weigh More Hawkish Fed
(Bloomberg) -- An index of emerging-market currencies extended its decline amid broad dollar strength following the Federal Reserve’s hawkish outlook for the path of interest rates next year. Most Read from BloombergNew York City’s Historic Preservation Movement Is Having a Midlife CrisisNYPD Car Chases Are Becoming More Frequent — and More DangerousDakar’s Air Quality Plummets as Saharan Dust Descends on SenegalThe Indonesian rupiah and Malaysian ringgit were some of the worst performers as tra
Brazil Spends $8 Billion to Stem Market Rout Lula Sparked
(Bloomberg) -- As the currency craters in Brazil, thrusting the country’s markets into the international spotlight for the first time in years, a grim reality is setting in for top economic aides to President Luiz Inacio Lula da Silva. They are, they fear, powerless to do much to stop the panic.Most Read from BloombergNew York City’s Historic Preservation Movement Is Having a Midlife CrisisNYPD Car Chases Are Becoming More Frequent — and More DangerousDakar’s Air Quality Plummets as Saharan Dust
Morning Bid: Seeking respite from Fed; PBOC set to hold the line
As the dust settles on a remarkable 24 hours of central bank activity, investors in Asia round off the last full trading week of the year hoping for some respite from the global market selloff sparked by the Fed's 'hawkish cut' on Wednesday. These nerves were partially soothed on Thursday by the Bank of England's surprisingly 'dovish hold' and the Bank of Japan's seeming ambivalence toward raising rates in January. But the genie of a 'higher for longer' Fed is out of the bottle.
S&P 500 Gains and Losses Today: Darden Restaurants Stock Sizzles After Sales Beat
The S&P 500 slipped 0.1% on Thursday, Dec. 19, 2024, as stocks struggled to recover from the prior day's sell-off despite upbeat data on economic growth.