Indices

Rate cuts are here, but US stocks may have already priced them in

As the Federal Reserve kicks off a long-awaited rate cutting cycle, some investors are wary that richly valued U.S. stocks may have already priced in the benefits of easier monetary policy, making it...

Oil prices set to end week higher after US rate cut

Oil prices, which were little changed in early Asian trade on Friday, were on track to end higher for a second straight week following a large cut in U.S. interest rates and declining global...

Hershey Co lays off some workers this week

A spokesperson for Hershey said on Thursday the chocolate maker laid off a small number of its employees this week as part of organizational changes the company announced earlier this year when cocoa...

BMO raises S&P 500 target for 2024 to 6,100 from 5,600

BMO Capital Markets on Thursday said it was raising its S&P 500 target for 2024 to 6,100 from 5,600. The benchmark index was last at 5,720, up 1.8% on the day, following Wednesday's...

Stocks and dollar gain as Fed charts 'soft landing' path

The dollar bounced, long-dated bond yields were up and Asian stocks mostly rose after the U.S. Federal Reserve began its easing cycle with a large rate cut, though it tempered that with a balanced...

Oil prices fall as US rate cut fails to boost market sentiment

Oil prices fell in Asian trading on Thursday after a larger-than-expected Federal Reserve interest rate cut sparked concerns about the U.S. economy. Brent crude futures for November fell...

Fed goes big, markets yo-yo

A look at the day ahead in Asian markets. Go big, and go bold, was the advice to Fed Chair Jerome Powell and colleagues from some U.S. policy watchers and even former policymakers, and...

Fed Is a Poor Guide for Stock Investors

Bloomberg Opinion's Nir Kaissar expects some investors will be tempted to chase stocks given the stubborn conventional wisdom that interest rates and stock prices move in opposite directions and...

Fed slashes rates 50 bp in first easing since pandemic hit

The Federal Reserve cut interest rates by half of a percentage point on Wednesday, kicking off what is expected to be a steady easing of monetary policy with a larger-than-usual reduction in borrowing...

Oil prices steady, with investors focusing on Fed decision

Oil prices steadied on Wednesday, after rising in the previous two sessions, as investors await the U.S. Federal Reserve's anticipated interest rate cut, with the potential for more violence in the...

Fed's close call - the waiting is almost over

A look at the day ahead in Asian markets. Investors in Asia will be forgiven for any reluctance to take on much risk on Wednesday ahead of the Federal Reserve's interest rate decision...

Canada's inflation cools to 2% in Aug, reaches central bank's target

Canada's annual inflation rate reached the central bank's target in August at it cooled to 2%, its lowest level since February 2021, data showed on Tuesday. The closely watched core...

Column-Record US household wealth may increase chance of soft landing: McGeever

As the Fed prepares to cut interest rates, U.S. households are sitting on their largest accumulation of net wealth in history. By some financial measures, U.S. consumers are better off than they've...

Fed hits easing week, China economy weak

A look at the day ahead in U.S. and global markets from Mike Dolan After an extraordinary 30-month monetary squeeze designed to zap a post-pandemic inflation spike, the Federal Reserve...

Why Fed rate cuts matter to world markets

When the Federal Reserve delivers a widely-anticipated interest rate cut on Wednesday, its first in four years, the move will resonate well beyond the United States. The size of a first...

Putin's commodities ban threat puzzles Russian firms and officials

Russian officials and managers are perplexed by President Vladimir Putin's surprise threat to limit exports of strategic commodities in response to Western sanctions, and wonder if it can be realised...

Chinese courier delivery firm BingEx files for US IPO

Chinese courier delivery firm BingEx, which brands its services as 'FlashEx', has filed to go public in the United States, a regulatory filing showed on Friday. WHY IT'S IMPORTANT ...

TSX futures rise on commodity prices, larger US rate cut bets

Futures tied to Canada's main stock index rose on Friday, aided by higher commodity prices, after markets raised their bets for a larger rate cut by the U.S. Federal Reserve next week. ...

Exclusive-US locks in steep China tariff hikes, many to start Sept. 27

The Biden administration on Friday locked in steep tariff hikes on Chinese imports, including a 100% duty on electric vehicles, to strengthen protections for strategic domestic industries from China's...